-91.84% is the change from 588 to 48
Calculation steps:
[( 48 - 588 ) ÷ 588] x 100 = -91.84%
Formula
Percentage change = [(48 - 588) / 588] x 100
Subtract the new number by the original number
48 - 588 = -540
-540 ÷ 588 = -0.9183673469387755
-0.9183673469387755 x 100 = -91.84%