-60.14% is the change from 296 to 118
Calculation steps:
[( 118 - 296 ) ÷ 296] x 100 = -60.14%
Formula
Percentage change = [(118 - 296) / 296] x 100
Subtract the new number by the original number
118 - 296 = -178
-178 ÷ 296 = -0.6013513513513513
-0.6013513513513513 x 100 = -60.14%