-53.23% is the change from 248 to 116
Calculation steps:
[( 116 - 248 ) ÷ 248] x 100 = -53.23%
Formula
Percentage change = [(116 - 248) / 248] x 100
Subtract the new number by the original number
116 - 248 = -132
-132 ÷ 248 = -0.532258064516129
-0.532258064516129 x 100 = -53.23%