-46.55% is the change from 550 to 294
Calculation steps:
[( 294 - 550 ) ÷ 550] x 100 = -46.55%
Formula
Percentage change = [(294 - 550) / 550] x 100
Subtract the new number by the original number
294 - 550 = -256
-256 ÷ 550 = -0.46545454545454545
-0.46545454545454545 x 100 = -46.55%