-39.58% is the change from 48 to 29
Calculation steps:
[( 29 - 48 ) ÷ 48] x 100 = -39.58%
Formula
Percentage change = [(29 - 48) / 48] x 100
Subtract the new number by the original number
29 - 48 = -19
-19 ÷ 48 = -0.3958333333333333
-0.3958333333333333 x 100 = -39.58%