I have a value 23.59 and need to increase it by 12% (.12 or 1.12)
I have a formula nvalue = ovalue*percentage.
so using it I get 26.42 =(23.59 +(23.59*.12)) or (23.59 * 1.12)
but if i do the same on a standard calculator 23.59 + 12 then press the %
button, I get 26.81
why the difference?, is the formula wrong or is the calculator wrong.
Whats the correct method to get the same answer as the calculator, if it is
correct using coding
Thanks in adance for any assistance.
I can't explain what the calculator is doing.
Jacob
Thanks for the reassurance, but now my problem is to convince the customer
that what I have used is correct and that his calulator could be giving worng
information.
hans.
Thanks for all your help, I will tackle this issue the the customer and
explain the fact.
Appreciate all your guidance.
Hans