1. What is a 1.5% Increase?

A 1.5% increase means adding 1.5% of the original value to itself. This is commonly used for calculating small increments like salary raises, price adjustments, or interest rate changes.

2. How Does the Calculator Work?

The calculator uses the simple formula:

Where:

• Old Value — The original number you want to increase
• 1.015 — The multiplier for a 1.5% increase (1 + 1.5/100)

Explanation: Multiplying by 1.015 is mathematically equivalent to adding 1.5% of the original value to itself.

3. Practical Applications

Details: This calculation is useful for financial planning, business projections, academic grading scales, and any scenario where a small, consistent percentage increase is applied.

4. Using the Calculator

Tips: Simply enter your original number in the "Old Value" field and click calculate. The result will show the value after a 1.5% increase.

5. Frequently Asked Questions (FAQ)

Q1: How do I calculate a 1.5% increase manually?
A: Multiply your number by 1.015, or calculate 1.5% of the value (value × 0.015) and add it to the original.

Q2: What if I need a different percentage increase?
A: Change the multiplier accordingly (e.g., for 2% use 1.02, for 5% use 1.05).

Q3: Does this work for decreases too?
A: For decreases, subtract the percentage from 1 (e.g., 1.5% decrease would be 0.985).

Q4: Can I use this for multiple consecutive increases?
A: Yes, but compound increases require multiplying the factors together (e.g., two 1.5% increases = 1.015 × 1.015 = 1.030225).

Q5: How precise are the calculations?
A: Results are rounded to 2 decimal places for most practical applications.