-12.12% is the change from 965 to 848
Calculation steps:
[( 848 - 965 ) ÷ 965] x 100 = -12.12%
Formula
Percentage change = [(848 - 965) / 965] x 100
Subtract the new number by the original number
848 - 965 = -117
-117 ÷ 965 = -0.12124352331606218
-0.12124352331606218 x 100 = -12.12%