-89.42% is the change from 501 to 53
Calculation steps:
[( 53 - 501 ) ÷ 501] x 100 = -89.42%
Formula
Percentage change = [(53 - 501) / 501] x 100
Subtract the new number by the original number
53 - 501 = -448
-448 ÷ 501 = -0.8942115768463074
-0.8942115768463074 x 100 = -89.42%