-47.5% is the change from 501 to 263
Calculation steps:
[( 263 - 501 ) ÷ 501] x 100 = -47.5%
Formula
Percentage change = [(263 - 501) / 501] x 100
Subtract the new number by the original number
263 - 501 = -238
-238 ÷ 501 = -0.4750499001996008
-0.4750499001996008 x 100 = -47.5%