-98.86% is the change from 704 to 8
Calculation steps:
[( 8 - 704 ) ÷ 704] x 100 = -98.86%
Formula
Percentage change = [(8 - 704) / 704] x 100
Subtract the new number by the original number
8 - 704 = -696
-696 ÷ 704 = -0.9886363636363636
-0.9886363636363636 x 100 = -98.86%