-78.55% is the change from 550 to 118
Calculation steps:
[( 118 - 550 ) ÷ 550] x 100 = -78.55%
Formula
Percentage change = [(118 - 550) / 550] x 100
Subtract the new number by the original number
118 - 550 = -432
-432 ÷ 550 = -0.7854545454545454
-0.7854545454545454 x 100 = -78.55%