-22.94% is the change from 523 to 403
Calculation steps:
[( 403 - 523 ) ÷ 523] x 100 = -22.94%
Formula
Percentage change = [(403 - 523) / 523] x 100
Subtract the new number by the original number
403 - 523 = -120
-120 ÷ 523 = -0.2294455066921606
-0.2294455066921606 x 100 = -22.94%