-8.04% is the change from 547 to 503
Calculation steps:
[( 503 - 547 ) ÷ 547] x 100 = -8.04%
Formula
Percentage change = [(503 - 547) / 547] x 100
Subtract the new number by the original number
503 - 547 = -44
-44 ÷ 547 = -0.08043875685557587
-0.08043875685557587 x 100 = -8.04%