What is 123 plus 1 percent?

What is 123 plus 1 percent (123 plus 1%)? Simply put, what do you get if you add 1 percent to 123? Here we will show you how to calculate 123 plus 1 percent using a two-step process.

Step 1) Calculate 1 percent of 123: To calculate 1 percent of 123, you multiply 1 by 123 and then divide the product you get by 100. Here is the math to illustrate:

1 x 123 = 123
123 / 100 = 1.23

Step 2) Add the 1 percent you calculated in Step 1 to 123. Here is the math to illustrate:

123 + 1.23 = 124.23

Therefore, the answer to "What is 123 plus 1 percent?" is:

124.23

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