-87.6% is the change from 500 to 62
Calculation steps:
[( 62 - 500 ) ÷ 500] x 100 = -87.6%
Formula
Percentage change = [(62 - 500) / 500] x 100
Subtract the new number by the original number
62 - 500 = -438
-438 ÷ 500 = -0.876
-0.876 x 100 = -87.6%
Example