-8.03% is the change from 585 to 538
Calculation steps:
[( 538 - 585 ) ÷ 585] x 100 = -8.03%
Formula
Percentage change = [(538 - 585) / 585] x 100
Subtract the new number by the original number
538 - 585 = -47
-47 ÷ 585 = -0.08034188034188035
-0.08034188034188035 x 100 = -8.03%