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Excel Magic Trick 603: Why 100*1.1 = 110 Means Increase by 10%


See the math behind why 100*1.1 = 110 Means Increase by 10%.
100 * 10% = 10
100 + 10 = 110
100 + 100 * 10%
100*1 + 100 * 10%
100*(1 + 10%)
100*(1 + 0.1)
100*(1.1)
100*1.1





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