-57.14% is the change from 112 to 48
Calculation steps:
[( 48 - 112 ) ÷ 112] x 100 = -57.14%
Formula
Percentage change = [(48 - 112) / 112] x 100
Subtract the new number by the original number
48 - 112 = -64
-64 ÷ 112 = -0.5714285714285714
-0.5714285714285714 x 100 = -57.14%