x 2 = x 1 + 7% ⋅ x 1 = 100% x 1 + %7 x 1 = 107% x 1 = 1.07 x 1 A n s . 1.07
THIS IS HOW I WOULD DO IT EXAMPLE INCREASING
7% OF 100 1%=100/100=1 7%=1X7=7
NEW AMOUNT = 100+7=107
To increase an amount by 7%, the single multiplier used is 1.07. This represents the original amount plus the 7% increase. Therefore, you multiply the original amount by 1.07 to find the new amount.
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