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First we need to figure out what 2% of 1000 is. To write percent in decimal form, it becomes .02. (Just like 2 cents become .02 dollars).
.02 * 1000 = 20. So 2% of 1000 is 20.
We are starting with 1000, and increasing it by 2%, so 1000 + 20 = 1020.
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Related questions
How much is two percent of 1000?
two percent of 1000 = = 20%2% of 1000= 2% * 1000= 2%/100% * 1000= 20%
How much is 2 percent of 1000?
2 percent of 1000 would be 20.
What is the percentage increase of 2 percent to 44 percent?
2,100% increase.
What is the percent increase 120 to 200?
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What is the percent increase of 2 to 120?
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What percent increase is 24.67 to 25.15?
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