-78.7% is the change from 554 to 118
Calculation steps:
[( 118 - 554 ) ÷ 554] x 100 = -78.7%
Formula
Percentage change = [(118 - 554) / 554] x 100
Subtract the new number by the original number
118 - 554 = -436
-436 ÷ 554 = -0.7870036101083032
-0.7870036101083032 x 100 = -78.7%