-8% is the change from 475 to 437
Calculation steps:
[( 437 - 475 ) ÷ 475] x 100 = -8%
Formula
Percentage change = [(437 - 475) / 475] x 100
Subtract the new number by the original number
437 - 475 = -38
-38 ÷ 475 = -0.08
-0.08 x 100 = -8%
Example