-5.78% is the change from 588 to 554
Calculation steps:
[( 554 - 588 ) ÷ 588] x 100 = -5.78%
Formula
Percentage change = [(554 - 588) / 588] x 100
Subtract the new number by the original number
554 - 588 = -34
-34 ÷ 588 = -0.05782312925170068
-0.05782312925170068 x 100 = -5.78%