Percentage between 96 to 93. Is is an increase or decrease

1. Identify the old value (96) and the new value (93).
2. Substitute the values into the formula:

\text{Percentage Change} = \left( \frac{93 - 96}{96} \right) \times 100

3. Calculate the difference between 93 and 96:

93 - 96 = -3

4. Divide this difference by the old value (96):

\frac{-3}{96} \approx -0.03125

5. Multiply by 100 to convert to a percentage:

-0.03125 \times 100 = -3.125

6. Interpret the result as a percentage decrease of approximately:

-3.125\%