-94.45% is the change from 865 to 48
Calculation steps:
[( 48 - 865 ) ÷ 865] x 100 = -94.45%
Formula
Percentage change = [(48 - 865) / 865] x 100
Subtract the new number by the original number
48 - 865 = -817
-817 ÷ 865 = -0.9445086705202312
-0.9445086705202312 x 100 = -94.45%