-7.63% is the change from 118 to 109
Calculation steps:
[( 109 - 118 ) ÷ 118] x 100 = -7.63%
Formula
Percentage change = [(109 - 118) / 118] x 100
Subtract the new number by the original number
109 - 118 = -9
-9 ÷ 118 = -0.07627118644067797
-0.07627118644067797 x 100 = -7.63%