Answer: Increase in percentage = 3 %
,Decimal multiplier to increase by 3%Solution,We have to increase the original product by 3 percent ie 3 parts of a 100.Therefore, the increase in the original value will be 3/100.If orginal value is 1 then increased by 3% = 1 + 3/100 Increase in orginal value by 3%= 1+ 0.03 Increase in orginal value by 3%= 1.03
Therefore, the decimal multiplier to increase by 3% is 1.03.
Explanation: