-89.66% is the change from 116 to 12
Calculation steps:
[( 12 - 116 ) ÷ 116] x 100 = -89.66%
Formula
Percentage change = [(12 - 116) / 116] x 100
Subtract the new number by the original number
12 - 116 = -104
-104 ÷ 116 = -0.896551724137931
-0.896551724137931 x 100 = -89.66%