-17.62% is the change from 505 to 416
Calculation steps:
[( 416 - 505 ) ÷ 505] x 100 = -17.62%
Formula
Percentage change = [(416 - 505) / 505] x 100
Subtract the new number by the original number
416 - 505 = -89
-89 ÷ 505 = -0.17623762376237623
-0.17623762376237623 x 100 = -17.62%