Scaling relative to what you started with
The slider runs from 10% to 200% of the image's original dimensions, and both sides are scaled by the same factor so nothing is stretched.
Setting 50% halves the width and the height, which leaves a quarter of the original pixel count — worth remembering, because halving the dimensions sounds like halving the image but removes three quarters of it. The percentage always refers to the original file you added, not to the result of a previous run, so there is no compounding to keep track of. Every image in a batch is scaled by the same percentage rather than to the same final size.