-28.12% is the change from 978 to 703
Calculation steps:
[( 703 - 978 ) ÷ 978] x 100 = -28.12%
Formula
Percentage change = [(703 - 978) / 978] x 100
Subtract the new number by the original number
703 - 978 = -275
-275 ÷ 978 = -0.28118609406952966
-0.28118609406952966 x 100 = -28.12%