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Default Need Formula to Figure Difference Between Time Periods

I want to find the percentage improvement from a pre-test (time kid A runs 1
mile) to a post-test (time kid A runs one mile later).
Times were entered as 5.22 (5 minutes and 22 seconds).
I've converted them to a 00:05:22 format.
How can I find percentage difference if kid A runs the mile in 00:05:22 to
start and 00:05:01 six weeks later? Kid A improved their time by __%.
 
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