-57.89% is the change from 38 to 16
Calculation steps:
[( 16 - 38 ) ÷ 38] x 100 = -57.89%
Formula
Percentage change = [(16 - 38) / 38] x 100
Subtract the new number by the original number
16 - 38 = -22
-22 ÷ 38 = -0.5789473684210527
-0.5789473684210527 x 100 = -57.89%