-15.85% is the change from 265 to 223
Calculation steps:
[( 223 - 265 ) ÷ 265] x 100 = -15.85%
Formula
Percentage change = [(223 - 265) / 265] x 100
Subtract the new number by the original number
223 - 265 = -42
-42 ÷ 265 = -0.15849056603773584
-0.15849056603773584 x 100 = -15.85%