-95% is the change from 960 to 48
Calculation steps:
[( 48 - 960 ) ÷ 960] x 100 = -95%
Formula
Percentage change = [(48 - 960) / 960] x 100
Subtract the new number by the original number
48 - 960 = -912
-912 ÷ 960 = -0.95
-0.95 x 100 = -95%
Example