-7.4% is the change from 500 to 463
Calculation steps:
[( 463 - 500 ) ÷ 500] x 100 = -7.4%
Formula
Percentage change = [(463 - 500) / 500] x 100
Subtract the new number by the original number
463 - 500 = -37
-37 ÷ 500 = -0.074
-0.074 x 100 = -7.4%
Example