-7.95% is the change from 176 to 162
Calculation steps:
[( 162 - 176 ) ÷ 176] x 100 = -7.95%
Formula
Percentage change = [(162 - 176) / 176] x 100
Subtract the new number by the original number
162 - 176 = -14
-14 ÷ 176 = -0.07954545454545454
-0.07954545454545454 x 100 = -7.95%