-47% is the change from 100 to 53
Calculation steps:
[( 53 - 100 ) ÷ 100] x 100 = -47%
Formula
Percentage change = [(53 - 100) / 100] x 100
Subtract the new number by the original number
53 - 100 = -47
-47 ÷ 100 = -0.47
-0.47 x 100 = -47%
Example