-93.25% is the change from 711 to 48
Calculation steps:
[( 48 - 711 ) ÷ 711] x 100 = -93.25%
Formula
Percentage change = [(48 - 711) / 711] x 100
Subtract the new number by the original number
48 - 711 = -663
-663 ÷ 711 = -0.9324894514767933
-0.9324894514767933 x 100 = -93.25%