To increase 0.01 by 100%, you multiply 0.01 by 100% (or 1.00) and then add the result to the original number:
-
Calculate 100% of 0.01:
\( 0.01 \times 1.00 = 0.01 \) -
Add this to the original amount:
\( 0.01 + 0.01 = 0.02 \)
So, increasing 0.01 by 100% results in 0.02.