-6.9% is the change from 174 to 162
Calculation steps:
[( 162 - 174 ) ÷ 174] x 100 = -6.9%
Formula
Percentage change = [(162 - 174) / 174] x 100
Subtract the new number by the original number
162 - 174 = -12
-12 ÷ 174 = -0.06896551724137931
-0.06896551724137931 x 100 = -6.9%