-56.32% is the change from 554 to 242
Calculation steps:
[( 242 - 554 ) ÷ 554] x 100 = -56.32%
Formula
Percentage change = [(242 - 554) / 554] x 100
Subtract the new number by the original number
242 - 554 = -312
-312 ÷ 554 = -0.5631768953068592
-0.5631768953068592 x 100 = -56.32%