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What is the result when the number 74 is increased by 
1% ?
Answer:

What is the result when the number 7474 is increased by 1% 1 \% ?\newlineAnswer:

Full solution

Q. What is the result when the number 7474 is increased by 1% 1 \% ?\newlineAnswer:
  1. Multiply by 11+percentage: To increase a number by a percentage, we multiply the number by 11 plus the percentage in decimal form.\newlineFor an increase of 1%1\%, the decimal equivalent is 0.010.01.\newlineSo, we will calculate 74×(1+0.01)74 \times (1 + 0.01).
  2. Calculate 11% increase: Now, let's perform the calculation: 74×(1+0.01)=74×1.0174 \times (1 + 0.01) = 74 \times 1.01
  3. Perform calculation: Next, we multiply 7474 by 1.011.01 to find the increased value:\newline74×1.01=74.7474 \times 1.01 = 74.74

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