-24.14% is the change from 116 to 88
Calculation steps:
[( 88 - 116 ) ÷ 116] x 100 = -24.14%
Formula
Percentage change = [(88 - 116) / 116] x 100
Subtract the new number by the original number
88 - 116 = -28
-28 ÷ 116 = -0.2413793103448276
-0.2413793103448276 x 100 = -24.14%