-94.31% is the change from 281 to 16
Calculation steps:
[( 16 - 281 ) ÷ 281] x 100 = -94.31%
Formula
Percentage change = [(16 - 281) / 281] x 100
Subtract the new number by the original number
16 - 281 = -265
-265 ÷ 281 = -0.9430604982206405
-0.9430604982206405 x 100 = -94.31%