-34.75% is the change from 118 to 77
Calculation steps:
[( 77 - 118 ) ÷ 118] x 100 = -34.75%
Formula
Percentage change = [(77 - 118) / 118] x 100
Subtract the new number by the original number
77 - 118 = -41
-41 ÷ 118 = -0.3474576271186441
-0.3474576271186441 x 100 = -34.75%