-10.91% is the change from 110 to 98
Calculation steps:
[( 98 - 110 ) ÷ 110] x 100 = -10.91%
Formula
Percentage change = [(98 - 110) / 110] x 100
Subtract the new number by the original number
98 - 110 = -12
-12 ÷ 110 = -0.10909090909090909
-0.10909090909090909 x 100 = -10.91%