-55.47% is the change from 265 to 118
Calculation steps:
[( 118 - 265 ) ÷ 265] x 100 = -55.47%
Formula
Percentage change = [(118 - 265) / 265] x 100
Subtract the new number by the original number
118 - 265 = -147
-147 ÷ 265 = -0.5547169811320755
-0.5547169811320755 x 100 = -55.47%