-46.49% is the change from 940 to 503
Calculation steps:
[( 503 - 940 ) ÷ 940] x 100 = -46.49%
Formula
Percentage change = [(503 - 940) / 940] x 100
Subtract the new number by the original number
503 - 940 = -437
-437 ÷ 940 = -0.4648936170212766
-0.4648936170212766 x 100 = -46.49%