-93.5% is the change from 246 to 16
Calculation steps:
[( 16 - 246 ) ÷ 246] x 100 = -93.5%
Formula
Percentage change = [(16 - 246) / 246] x 100
Subtract the new number by the original number
16 - 246 = -230
-230 ÷ 246 = -0.9349593495934959
-0.9349593495934959 x 100 = -93.5%