-86.96% is the change from 368 to 48
Calculation steps:
[( 48 - 368 ) ÷ 368] x 100 = -86.96%
Formula
Percentage change = [(48 - 368) / 368] x 100
Subtract the new number by the original number
48 - 368 = -320
-320 ÷ 368 = -0.8695652173913043
-0.8695652173913043 x 100 = -86.96%