-99.15% is the change from 118 to 1
Calculation steps:
[( 1 - 118 ) ÷ 118] x 100 = -99.15%
Formula
Percentage change = [(1 - 118) / 118] x 100
Subtract the new number by the original number
1 - 118 = -117
-117 ÷ 118 = -0.9915254237288136
-0.9915254237288136 x 100 = -99.15%