-22.3% is the change from 538 to 418
Calculation steps:
[( 418 - 538 ) ÷ 538] x 100 = -22.3%
Formula
Percentage change = [(418 - 538) / 538] x 100
Subtract the new number by the original number
418 - 538 = -120
-120 ÷ 538 = -0.22304832713754646
-0.22304832713754646 x 100 = -22.3%