-93.5% is the change from 123 to 8
Calculation steps:
[( 8 - 123 ) ÷ 123] x 100 = -93.5%
Formula
Percentage change = [(8 - 123) / 123] x 100
Subtract the new number by the original number
8 - 123 = -115
-115 ÷ 123 = -0.9349593495934959
-0.9349593495934959 x 100 = -93.5%