-76.4% is the change from 500 to 118
Calculation steps:
[( 118 - 500 ) ÷ 500] x 100 = -76.4%
Formula
Percentage change = [(118 - 500) / 500] x 100
Subtract the new number by the original number
118 - 500 = -382
-382 ÷ 500 = -0.764
-0.764 x 100 = -76.4%