To increase an amount by 7%, what single multiplier would you use?

asked Jun 16, 2015 26.1k views

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by Cute

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THIS IS HOW I WOULD DO IT
EXAMPLE INCREASING

7% OF 100
1%=100/100=1
7%=1X7=7

NEW AMOUNT = 100+7=107

Fabiano answered Jun 19, 2015

7.8k points

2 votes

$x_2=x_1+7\%\cdot x_1=100\%\ x_1+\%7\ x_1=107\%\ x_1=1.07\ x_1\\\\Ans.\ \ 1.07$

Pixelbitlabs answered Jun 21, 2015

8.4k points

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