Increase 1000 euros by 2 percent?

Answer 1

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.