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

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asked Feb 18, 2016 32.2k views

1 Answer

Thomas Vos · Answer 1 · 2016-02-22T16:01:58+0000

Increasing it by 7% means ending up with 100%+7% of this amount right?
So it means ending up with 107% of this amount
Which equals multiplying it by 107 and dividing by 100
107/100=1.07
So you can multiply the amount by 1.07 directly

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

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