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What is the decimal multiplier to increase by 3%?
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5 votes
What is the decimal multiplier to increase by 3%?

User Creighton
by
8.1k points

1 Answer

5 votes

Answer:

1.03

Explanation:

The increase is 3% above the original 100%, thus

multiplier = 100 + 3 = 103% =
(103)/(100) = 1.03

User Shoban
by
8.5k points
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