-40.68% is the change from 118 to 70
Calculation steps:
[( 70 - 118 ) ÷ 118] x 100 = -40.68%
Formula
Percentage change = [(70 - 118) / 118] x 100
Subtract the new number by the original number
70 - 118 = -48
-48 ÷ 118 = -0.4067796610169492
-0.4067796610169492 x 100 = -40.68%