Lets take $5.00 for example. 2% of 5.00 ( 5.00 X .02) = .10 cents. So to add that back its 5.10. You could also have done 5.00 x 1.02 and not have to add it back.
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The number x 1.07 Eg: if the number was 35 you would do 35x1.07=answer =37,45 You have to add the percentage to 1
3% more = 0.03 added onto the 1.00 that you already have.1.03 x 2,700 = 2,781
The total is $16.24
By adding by 0.07+2975 and you get 2,113.25
$303.12 is 13% more than $268.25