-11.9% is the change from 538 to 474
Calculation steps:
[( 474 - 538 ) ÷ 538] x 100 = -11.9%
Formula
Percentage change = [(474 - 538) / 538] x 100
Subtract the new number by the original number
474 - 538 = -64
-64 ÷ 538 = -0.11895910780669144
-0.11895910780669144 x 100 = -11.9%