-9.4% is the change from 553 to 501
Calculation steps:
[( 501 - 553 ) ÷ 553] x 100 = -9.4%
Formula
Percentage change = [(501 - 553) / 553] x 100
Subtract the new number by the original number
501 - 553 = -52
-52 ÷ 553 = -0.09403254972875226
-0.09403254972875226 x 100 = -9.4%