-45.7% is the change from 488 to 265
Calculation steps:
[( 265 - 488 ) ÷ 488] x 100 = -45.7%
Formula
Percentage change = [(265 - 488) / 488] x 100
Subtract the new number by the original number
265 - 488 = -223
-223 ÷ 488 = -0.4569672131147541
-0.4569672131147541 x 100 = -45.7%