-14.8% is the change from 588 to 501
Calculation steps:
[( 501 - 588 ) ÷ 588] x 100 = -14.8%
Formula
Percentage change = [(501 - 588) / 588] x 100
Subtract the new number by the original number
501 - 588 = -87
-87 ÷ 588 = -0.14795918367346939
-0.14795918367346939 x 100 = -14.8%