-27.61% is the change from 163 to 118
Calculation steps:
[( 118 - 163 ) ÷ 163] x 100 = -27.61%
Formula
Percentage change = [(118 - 163) / 163] x 100
Subtract the new number by the original number
118 - 163 = -45
-45 ÷ 163 = -0.27607361963190186
-0.27607361963190186 x 100 = -27.61%