-50.85% is the change from 118 to 58
Calculation steps:
[( 58 - 118 ) ÷ 118] x 100 = -50.85%
Formula
Percentage change = [(58 - 118) / 118] x 100
Subtract the new number by the original number
58 - 118 = -60
-60 ÷ 118 = -0.5084745762711864
-0.5084745762711864 x 100 = -50.85%