-98.3% is the change from 940 to 16
Calculation steps:
[( 16 - 940 ) ÷ 940] x 100 = -98.3%
Formula
Percentage change = [(16 - 940) / 940] x 100
Subtract the new number by the original number
16 - 940 = -924
-924 ÷ 940 = -0.9829787234042553
-0.9829787234042553 x 100 = -98.3%