Question

What single decimal multiplier would you use to increase by 8% followed by a 9% increase?

Answer 1

Answer:

1.1772 is the single decal multiplier which should be used.

Step-by-step explanation:

Let the initial value be X.

After 8% increase, the value is =((100+8) /100) ×X = 1.08X.

Again after 9% increase, the final value is =((100+9) /100) ×1.08X =(1.09) ×(1.08) X =1.1772X.

This single decimal multiplier which should be used is 1.1772