Question

What is the decimal multiplier to increase by 3%?

Answer 1

Answer:

3/100

Step-by-step explanation:

3/ is the answer

Answer 2

GIven,

Increase in percentage = 3 %

To Find,

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.