-8.95% is the change from 447 to 407
Calculation steps:
[( 407 - 447 ) ÷ 447] x 100 = -8.95%
Formula
Percentage change = [(407 - 447) / 447] x 100
Subtract the new number by the original number
407 - 447 = -40
-40 ÷ 447 = -0.0894854586129754
-0.0894854586129754 x 100 = -8.95%