What is 103 plus 1 percent?

What is 103 plus 1 percent (103 plus 1%)? Simply put, what do you get if you add 1 percent to 103? Here we will show you how to calculate 103 plus 1 percent using a two-step process.

Step 1) Calculate 1 percent of 103: To calculate 1 percent of 103, you multiply 1 by 103 and then divide the product you get by 100. Here is the math to illustrate:

1 x 103 = 103
103 / 100 = 1.03

Step 2) Add the 1 percent you calculated in Step 1 to 103. Here is the math to illustrate:

103 + 1.03 = 104.03

Therefore, the answer to "What is 103 plus 1 percent?" is:

104.03

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