The new value after the original value is increased by 30% is 1.3 times the original value.
Percentage is used to express a fraction number or decimal in fraction of hundred. It is given by:
Percentage = [(new value - original value) / original value] * 100%
Let x represent the new value and y represent the original value, hence:
30% = [(x - y)/y] * 100%
0.3 = (x - y)/y
x - y = 0.3y
x = 1.3y
The new value after the original value is increased by 30% is 1.3 times the original value.
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