-16.07% is the change from 112 to 94
Calculation steps:
[( 94 - 112 ) ÷ 112] x 100 = -16.07%
Formula
Percentage change = [(94 - 112) / 112] x 100
Subtract the new number by the original number
94 - 112 = -18
-18 ÷ 112 = -0.16071428571428573
-0.16071428571428573 x 100 = -16.07%