To increase an amount by 18%, multiplier 1.18 be use if the percent is 18%
It's the ratio of two integers stated as a fraction of a hundred parts. It is a metric for comparing two sets of data, and it is expressed as a percentage using the percent symbol.
We have percent = 18%
The multiplier can be calculated:
= 1 + 18/100
= 1 + 0.18
= 1.18
Thus, to increase an amount by 18%, multiplier 1.18 be use if the percent is 18%
Learn more about the percentage here:
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