-60.83% is the change from 120 to 47
Calculation steps:
[( 47 - 120 ) ÷ 120] x 100 = -60.83%
Formula
Percentage change = [(47 - 120) / 120] x 100
Subtract the new number by the original number
47 - 120 = -73
-73 ÷ 120 = -0.6083333333333333
-0.6083333333333333 x 100 = -60.83%