-96.94% is the change from 523 to 16
Calculation steps:
[( 16 - 523 ) ÷ 523] x 100 = -96.94%
Formula
Percentage change = [(16 - 523) / 523] x 100
Subtract the new number by the original number
16 - 523 = -507
-507 ÷ 523 = -0.9694072657743786
-0.9694072657743786 x 100 = -96.94%