-93.94% is the change from 264 to 16
Calculation steps:
[( 16 - 264 ) ÷ 264] x 100 = -93.94%
Formula
Percentage change = [(16 - 264) / 264] x 100
Subtract the new number by the original number
16 - 264 = -248
-248 ÷ 264 = -0.9393939393939394
-0.9393939393939394 x 100 = -93.94%