The multiplier for percentage increase of 5% is __________.
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The multiplier for percentage increase of 5% is __________.
1
1.05
1.5
1.1
A percentage increase of 5% means the new value is 100% + 5% = 105% of the original value. Converting 105% to a decimal gives 1.05.
A percentage multiplier is found by adding the percentage increase expressed as a decimal to 1. For a 5 percent increase, you calculate 1 + 0.05. This equals 1.05. The result is 1.05.