-98.38% is the change from 988 to 16
Calculation steps:
[( 16 - 988 ) ÷ 988] x 100 = -98.38%
Formula
Percentage change = [(16 - 988) / 988] x 100
Subtract the new number by the original number
16 - 988 = -972
-972 ÷ 988 = -0.9838056680161943
-0.9838056680161943 x 100 = -98.38%