-83.78% is the change from 296 to 48
Calculation steps:
[( 48 - 296 ) ÷ 296] x 100 = -83.78%
Formula
Percentage change = [(48 - 296) / 296] x 100
Subtract the new number by the original number
48 - 296 = -248
-248 ÷ 296 = -0.8378378378378378
-0.8378378378378378 x 100 = -83.78%