To calculate a 5 percent increase of a value X, you can follow these simple steps:
1. **Convert the percentage to a decimal**: First, convert 5 percent to its decimal form. Since percent means per hundred, 5 percent is equivalent to 0.05.
2. **Multiply the value by the decimal**: Next, multiply the original value X by 0.05. This will give you the amount of the increase.
Increase Amount = X * 0.05
3. **Add the increase amount to the original value**: Finally, add the increase amount to the original value X to get the new value after the 5 percent increase.
New Value = X + (X * 0.05)
For example, if X is 100:
1. Convert 5 percent to a decimal: 0.05
2. Multiply 100 by 0.05: 100 * 0.05 = 5
3. Add 5 to 100: 100 + 5 = 105
So, a 5 percent increase of 100 is 105.