-95.4% is the change from 348 to 16
Calculation steps:
[( 16 - 348 ) ÷ 348] x 100 = -95.4%
Formula
Percentage change = [(16 - 348) / 348] x 100
Subtract the new number by the original number
16 - 348 = -332
-332 ÷ 348 = -0.9540229885057471
-0.9540229885057471 x 100 = -95.4%