-7.02% is the change from 541 to 503
Calculation steps:
[( 503 - 541 ) ÷ 541] x 100 = -7.02%
Formula
Percentage change = [(503 - 541) / 541] x 100
Subtract the new number by the original number
503 - 541 = -38
-38 ÷ 541 = -0.07024029574861368
-0.07024029574861368 x 100 = -7.02%