-5.4% is the change from 741 to 701
Calculation steps:
[( 701 - 741 ) ÷ 741] x 100 = -5.4%
Formula
Percentage change = [(701 - 741) / 741] x 100
Subtract the new number by the original number
701 - 741 = -40
-40 ÷ 741 = -0.05398110661268556
-0.05398110661268556 x 100 = -5.4%