-8.19% is the change from 586 to 538
Calculation steps:
[( 538 - 586 ) ÷ 586] x 100 = -8.19%
Formula
Percentage change = [(538 - 586) / 586] x 100
Subtract the new number by the original number
538 - 586 = -48
-48 ÷ 586 = -0.08191126279863481
-0.08191126279863481 x 100 = -8.19%