-63.96% is the change from 111 to 40
Calculation steps:
[( 40 - 111 ) ÷ 111] x 100 = -63.96%
Formula
Percentage change = [(40 - 111) / 111] x 100
Subtract the new number by the original number
40 - 111 = -71
-71 ÷ 111 = -0.6396396396396397
-0.6396396396396397 x 100 = -63.96%