Answer :
Let x be the original amount.
Increasing x by 24% means to add 24% of x to the original amount x.
x + 24% of x = x + .24x = 1x + .24x = 1.24x.
Therefore, to increase a given amount by 24% then multiply the original amount by a single factor of 1.24 .
If you are increasing an amount in percentage, here's a trick, you simply add 100% to it.
That is 100% + 24% = 124%.
Therefore the single multiplier = 124% = 124/100 = 1.24.
If you were decreasing in percentage, here's a trick, you simply subtract it from 100% to it.
That is 100% - 24% = 76.
Therefore the single multiplier = 76% = 76/100 = 0.76.
That is 100% + 24% = 124%.
Therefore the single multiplier = 124% = 124/100 = 1.24.
If you were decreasing in percentage, here's a trick, you simply subtract it from 100% to it.
That is 100% - 24% = 76.
Therefore the single multiplier = 76% = 76/100 = 0.76.