-60.88% is the change from 501 to 196
Calculation steps:
[( 196 - 501 ) ÷ 501] x 100 = -60.88%
Formula
Percentage change = [(196 - 501) / 501] x 100
Subtract the new number by the original number
196 - 501 = -305
-305 ÷ 501 = -0.6087824351297405
-0.6087824351297405 x 100 = -60.88%