-67.8% is the change from 118 to 38
Calculation steps:
[( 38 - 118 ) ÷ 118] x 100 = -67.8%
Formula
Percentage change = [(38 - 118) / 118] x 100
Subtract the new number by the original number
38 - 118 = -80
-80 ÷ 118 = -0.6779661016949152
-0.6779661016949152 x 100 = -67.8%