Q. What is the result when the number 74 is increased by 1% ?Answer:
Multiply by 1+percentage: To increase a number by a percentage, we multiply the number by 1 plus the percentage in decimal form.For an increase of 1%, the decimal equivalent is 0.01.So, we will calculate 74×(1+0.01).
Calculate 1% increase: Now, let's perform the calculation: 74×(1+0.01)=74×1.01
Perform calculation: Next, we multiply 74 by 1.01 to find the increased value:74×1.01=74.74
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