-76.8% is the change from 500 to 116
Calculation steps:
[( 116 - 500 ) ÷ 500] x 100 = -76.8%
Formula
Percentage change = [(116 - 500) / 500] x 100
Subtract the new number by the original number
116 - 500 = -384
-384 ÷ 500 = -0.768
-0.768 x 100 = -76.8%