-46.94% is the change from 948 to 503
Calculation steps:
[( 503 - 948 ) ÷ 948] x 100 = -46.94%
Formula
Percentage change = [(503 - 948) / 948] x 100
Subtract the new number by the original number
503 - 948 = -445
-445 ÷ 948 = -0.4694092827004219
-0.4694092827004219 x 100 = -46.94%