-99.83% is the change from 588 to 1
Calculation steps:
[( 1 - 588 ) ÷ 588] x 100 = -99.83%
Formula
Percentage change = [(1 - 588) / 588] x 100
Subtract the new number by the original number
1 - 588 = -587
-587 ÷ 588 = -0.9982993197278912
-0.9982993197278912 x 100 = -99.83%