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Ksju [112]
3 years ago
8

What is the decimal multiplier to increase by 3%?

Mathematics
1 answer:
nlexa [21]3 years ago
7 0
If you want to increase something by 3%, you would ADD 100% to it, so:
3% + 100% = 103%
Then you divide it by 100 to turn it into a decimal, so:
103% / 100 = 1.03
So to increase by 3%, the multiplier would be 1.03



If you wanted to decrease by 3%, you would SUBTRACT 100% from 3%, so:
100% - 3% = 97%
And then you would divide 97% by 100 to turn it into a decimal (multiplier), so:
97% / 100 = 0.97
So to decrease by 3%, the multiplier would be 0.97
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