-97.87% is the change from 47 to 1
Calculation steps:
[( 1 - 47 ) ÷ 47] x 100 = -97.87%
Formula
Percentage change = [(1 - 47) / 47] x 100
Subtract the new number by the original number
1 - 47 = -46
-46 ÷ 47 = -0.9787234042553191
-0.9787234042553191 x 100 = -97.87%