-8.35% is the change from 587 to 538
Calculation steps:
[( 538 - 587 ) ÷ 587] x 100 = -8.35%
Formula
Percentage change = [(538 - 587) / 587] x 100
Subtract the new number by the original number
538 - 587 = -49
-49 ÷ 587 = -0.08347529812606473
-0.08347529812606473 x 100 = -8.35%