Write down the multiplier used to calculate a 15% increase.
Question
Write down the multiplier used to calculate a 15% increase.
Solution
The multiplier used to calculate a 15% increase is 1.15. Here's how you get it:
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Convert the percentage increase to a decimal. Do this by dividing the percentage by 100. So, 15% becomes 0.15.
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Add this decimal to 1. The reason you add it to 1 is because you're increasing the original amount, not just finding 15% of it. So, 1 + 0.15 equals 1.15.
Therefore, the multiplier used to calculate a 15% increase is 1.15.
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