-54.93% is the change from 588 to 265
Calculation steps:
[( 265 - 588 ) ÷ 588] x 100 = -54.93%
Formula
Percentage change = [(265 - 588) / 588] x 100
Subtract the new number by the original number
265 - 588 = -323
-323 ÷ 588 = -0.5493197278911565
-0.5493197278911565 x 100 = -54.93%