-24.58% is the change from 118 to 89
Calculation steps:
[( 89 - 118 ) ÷ 118] x 100 = -24.58%
Formula
Percentage change = [(89 - 118) / 118] x 100
Subtract the new number by the original number
89 - 118 = -29
-29 ÷ 118 = -0.2457627118644068
-0.2457627118644068 x 100 = -24.58%