-20.34% is the change from 118 to 94
Calculation steps:
[( 94 - 118 ) ÷ 118] x 100 = -20.34%
Formula
Percentage change = [(94 - 118) / 118] x 100
Subtract the new number by the original number
94 - 118 = -24
-24 ÷ 118 = -0.2033898305084746
-0.2033898305084746 x 100 = -20.34%