-93.88% is the change from 196 to 12
Calculation steps:
[( 12 - 196 ) ÷ 196] x 100 = -93.88%
Formula
Percentage change = [(12 - 196) / 196] x 100
Subtract the new number by the original number
12 - 196 = -184
-184 ÷ 196 = -0.9387755102040817
-0.9387755102040817 x 100 = -93.88%