-47.11% is the change from 501 to 265
Calculation steps:
[( 265 - 501 ) ÷ 501] x 100 = -47.11%
Formula
Percentage change = [(265 - 501) / 501] x 100
Subtract the new number by the original number
265 - 501 = -236
-236 ÷ 501 = -0.47105788423153694
-0.47105788423153694 x 100 = -47.11%