Question

What is the result when the number 10 is increased by 3%?

Answer 1

So if we are increasing a number, we are increasing its percentage value. The normal percentage value for an item is 100% or 1. We can take 3% and turn it into a decimal.
3% is the same as 0.03 as a decimal. The next step is to add 0.03+1 .00 to get 1.03. We have to always add the 1.00 whenever we are increasing the value. I’ll give you a reason why, let’s say you want to buy a skateboard and there are no sales so that you can get it for cheaper. The price will always be 1.00% no matter what.
So lastly we have to multiply 1.03 by 10

Which will give us 10.30

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