-96.98% is the change from 530 to 16
Calculation steps:
[( 16 - 530 ) ÷ 530] x 100 = -96.98%
Formula
Percentage change = [(16 - 530) / 530] x 100
Subtract the new number by the original number
16 - 530 = -514
-514 ÷ 530 = -0.969811320754717
-0.969811320754717 x 100 = -96.98%