-21.43% is the change from 112 to 88
Calculation steps:
[( 88 - 112 ) ÷ 112] x 100 = -21.43%
Formula
Percentage change = [(88 - 112) / 112] x 100
Subtract the new number by the original number
88 - 112 = -24
-24 ÷ 112 = -0.21428571428571427
-0.21428571428571427 x 100 = -21.43%