-3.75% is the change from 480 to 462
Calculation steps:
[( 462 - 480 ) ÷ 480] x 100 = -3.75%
Formula
Percentage change = [(462 - 480) / 480] x 100
Subtract the new number by the original number
462 - 480 = -18
-18 ÷ 480 = -0.0375
-0.0375 x 100 = -3.75%