-37.35% is the change from 423 to 265
Calculation steps:
[( 265 - 423 ) ÷ 423] x 100 = -37.35%
Formula
Percentage change = [(265 - 423) / 423] x 100
Subtract the new number by the original number
265 - 423 = -158
-158 ÷ 423 = -0.3735224586288416
-0.3735224586288416 x 100 = -37.35%