-23.85% is the change from 348 to 265
Calculation steps:
[( 265 - 348 ) ÷ 348] x 100 = -23.85%
Formula
Percentage change = [(265 - 348) / 348] x 100
Subtract the new number by the original number
265 - 348 = -83
-83 ÷ 348 = -0.23850574712643677
-0.23850574712643677 x 100 = -23.85%