-98.96% is the change from 96 to 1
Calculation steps:
[( 1 - 96 ) ÷ 96] x 100 = -98.96%
Formula
Percentage change = [(1 - 96) / 96] x 100
Subtract the new number by the original number
1 - 96 = -95
-95 ÷ 96 = -0.9895833333333334
-0.9895833333333334 x 100 = -98.96%