-58.84% is the change from 588 to 242
Calculation steps:
[( 242 - 588 ) ÷ 588] x 100 = -58.84%
Formula
Percentage change = [(242 - 588) / 588] x 100
Subtract the new number by the original number
242 - 588 = -346
-346 ÷ 588 = -0.5884353741496599
-0.5884353741496599 x 100 = -58.84%