-97.02% is the change from 537 to 16
Calculation steps:
[( 16 - 537 ) ÷ 537] x 100 = -97.02%
Formula
Percentage change = [(16 - 537) / 537] x 100
Subtract the new number by the original number
16 - 537 = -521
-521 ÷ 537 = -0.9702048417132216
-0.9702048417132216 x 100 = -97.02%