We know that
• Anne could run a mile in ,m, minutes.
,
• Now, time has decreased by 16%.
The following expressions represent the number of minutes She uses to run a mile now.

This expression represents 16% of m in fraction form.

This expressed represents 16% of m in decimal form.
Both expressions are equivalent because they refer to the same percentage 16%. That is 0.16 and 16/100 are equivalent to 16%