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To increase anamount by 24%, what single multiplier would you use?

1 Answer

1 vote
24% equals .24, so you are adding .24 of the number to that number. You must also take into account the original number which counts for 100%, or just 1. Because the number is being increased, add the 24%, or 0.24, to 100%, or 1. 1 + 0.24 = 1.24. Then use 1.24 as a multiplier to increase the amount by 24%.
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