-96.79% is the change from 498 to 16
Calculation steps:
[( 16 - 498 ) ÷ 498] x 100 = -96.79%
Formula
Percentage change = [(16 - 498) / 498] x 100
Subtract the new number by the original number
16 - 498 = -482
-482 ÷ 498 = -0.9678714859437751
-0.9678714859437751 x 100 = -96.79%