-3.7% is the change from 108 to 104
Calculation steps:
[( 104 - 108 ) ÷ 108] x 100 = -3.7%
Formula
Percentage change = [(104 - 108) / 108] x 100
Subtract the new number by the original number
104 - 108 = -4
-4 ÷ 108 = -0.037037037037037035
-0.037037037037037035 x 100 = -3.7%