-22.96% is the change from 540 to 416
Calculation steps:
[( 416 - 540 ) ÷ 540] x 100 = -22.96%
Formula
Percentage change = [(416 - 540) / 540] x 100
Subtract the new number by the original number
416 - 540 = -124
-124 ÷ 540 = -0.22962962962962963
-0.22962962962962963 x 100 = -22.96%