-22.75% is the change from 523 to 404
Calculation steps:
[( 404 - 523 ) ÷ 523] x 100 = -22.75%
Formula
Percentage change = [(404 - 523) / 523] x 100
Subtract the new number by the original number
404 - 523 = -119
-119 ÷ 523 = -0.22753346080305928
-0.22753346080305928 x 100 = -22.75%