Question

What multiplier corresponds to an 8% increase.

Answer 1

Helo mate here your ans

To increase or decrease an amount by a percentage, first calculate the percentage of the amount and then either add this answer on to increase the quantity, or subtract this answer to decrease the quantity. There is more than one way to find the percentage of an amount.

Examples

Increase £50 by 8%.

Using the multiplying method, first find 8% of £50:

\frac{8}{100} \times 50 = \frac{8}{100} \times \frac{50}{1} = \frac{400}{100} = 4

8% of £50 is £4, so to increase £50 by 8%, add the £4 onto the £50, which is £54.

Answer 2

Your answer is 5006