-95.95% is the change from 988 to 40
Calculation steps:
[( 40 - 988 ) ÷ 988] x 100 = -95.95%
Formula
Percentage change = [(40 - 988) / 988] x 100
Subtract the new number by the original number
40 - 988 = -948
-948 ÷ 988 = -0.9595141700404858
-0.9595141700404858 x 100 = -95.95%
Example