-37.18% is the change from 312 to 196
Calculation steps:
[( 196 - 312 ) ÷ 312] x 100 = -37.18%
Formula
Percentage change = [(196 - 312) / 312] x 100
Subtract the new number by the original number
196 - 312 = -116
-116 ÷ 312 = -0.3717948717948718
-0.3717948717948718 x 100 = -37.18%