-20.72% is the change from 111 to 88
Calculation steps:
[( 88 - 111 ) ÷ 111] x 100 = -20.72%
Formula
Percentage change = [(88 - 111) / 111] x 100
Subtract the new number by the original number
88 - 111 = -23
-23 ÷ 111 = -0.2072072072072072
-0.2072072072072072 x 100 = -20.72%