-2.75% is the change from 437 to 425
Calculation steps:
[( 425 - 437 ) ÷ 437] x 100 = -2.75%
Formula
Percentage change = [(425 - 437) / 437] x 100
Subtract the new number by the original number
425 - 437 = -12
-12 ÷ 437 = -0.02745995423340961
-0.02745995423340961 x 100 = -2.75%