-9.32% is the change from 118 to 107
Calculation steps:
[( 107 - 118 ) ÷ 118] x 100 = -9.32%
Formula
Percentage change = [(107 - 118) / 118] x 100
Subtract the new number by the original number
107 - 118 = -11
-11 ÷ 118 = -0.09322033898305085
-0.09322033898305085 x 100 = -9.32%