-94.07% is the change from 118 to 7
Calculation steps:
[( 7 - 118 ) ÷ 118] x 100 = -94.07%
Formula
Percentage change = [(7 - 118) / 118] x 100
Subtract the new number by the original number
7 - 118 = -111
-111 ÷ 118 = -0.940677966101695
-0.940677966101695 x 100 = -94.07%