-93.92% is the change from 263 to 16
Calculation steps:
[( 16 - 263 ) ÷ 263] x 100 = -93.92%
Formula
Percentage change = [(16 - 263) / 263] x 100
Subtract the new number by the original number
16 - 263 = -247
-247 ÷ 263 = -0.9391634980988594
-0.9391634980988594 x 100 = -93.92%