What is 1 plus 3 percent?

What is 1 plus 3 percent (1 plus 3%)? Simply put, what do you get if you add 3 percent to 1? Here we will show you how to calculate 1 plus 3 percent using a two-step process.

Step 1) Calculate 3 percent of 1: To calculate 3 percent of 1, you multiply 3 by 1 and then divide the product you get by 100. Here is the math to illustrate:

3 x 1 = 3
3 / 100 = 0.03

Step 2) Add the 3 percent you calculated in Step 1 to 1. Here is the math to illustrate:

1 + 0.03 = 1.03

Therefore, the answer to "What is 1 plus 3 percent?" is:

1.03

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