-99.03% is the change from 103 to 1
Calculation steps:
[( 1 - 103 ) ÷ 103] x 100 = -99.03%
Formula
Percentage change = [(1 - 103) / 103] x 100
Subtract the new number by the original number
1 - 103 = -102
-102 ÷ 103 = -0.9902912621359223
-0.9902912621359223 x 100 = -99.03%