-60.33% is the change from 121 to 48
Calculation steps:
[( 48 - 121 ) ÷ 121] x 100 = -60.33%
Formula
Percentage change = [(48 - 121) / 121] x 100
Subtract the new number by the original number
48 - 121 = -73
-73 ÷ 121 = -0.6033057851239669
-0.6033057851239669 x 100 = -60.33%