-31.7% is the change from 388 to 265
Calculation steps:
[( 265 - 388 ) ÷ 388] x 100 = -31.7%
Formula
Percentage change = [(265 - 388) / 388] x 100
Subtract the new number by the original number
265 - 388 = -123
-123 ÷ 388 = -0.3170103092783505
-0.3170103092783505 x 100 = -31.7%