-55.83% is the change from 120 to 53
Calculation steps:
[( 53 - 120 ) ÷ 120] x 100 = -55.83%
Formula
Percentage change = [(53 - 120) / 120] x 100
Subtract the new number by the original number
53 - 120 = -67
-67 ÷ 120 = -0.5583333333333333
-0.5583333333333333 x 100 = -55.83%