-88.18% is the change from 406 to 48
Calculation steps:
[( 48 - 406 ) ÷ 406] x 100 = -88.18%
Formula
Percentage change = [(48 - 406) / 406] x 100
Subtract the new number by the original number
48 - 406 = -358
-358 ÷ 406 = -0.8817733990147784
-0.8817733990147784 x 100 = -88.18%