The given equation is:

The general equation for the radioactive decay can be written as:

Where,
a₀ is the original amount of the substance
a is the amount after time t.
r is the decay rate, written in decimals.
t is the time.
Transforming the given equation, we can write:

This means the decay rate for this radioactive element is 0.08 = 8%
Thus the percentage of decrease of the given radioactive element is 8%