-50% is the change from 118 to 59
Calculation steps:
[( 59 - 118 ) ÷ 118] x 100 = -50%
Formula
Percentage change = [(59 - 118) / 118] x 100
Subtract the new number by the original number
59 - 118 = -59
-59 ÷ 118 = -0.5
-0.5 x 100 = -50%
Example