What is 1 plus 1 percent?
What is 1 plus 1 percent (1 plus 1%)? Simply put, what do you get if you add 1 percent to 1? Here we will show you how to calculate 1 plus 1 percent using a two-step process.
Step 1) Calculate 1 percent of 1: To calculate 1 percent of 1, you multiply 1 by 1 and then divide the product you get by 100. Here is the math to illustrate:
1 x 1 = 1
1 / 100 = 0.01
Step 2) Add the 1 percent you calculated in Step 1 to 1. Here is the math to illustrate:
1 + 0.01 = 1.01
Therefore, the answer to "What is 1 plus 1 percent?" is:
1.01
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