Which is the correct method for increasing a number by a Percentage?

Please share your knowledge about this discussion point as comment of this post in this website itself. We will get two different values from the two methods shown in the picture. Which is correct?. If one method is correct, what is wrong in other method?. Thanks in advance.

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Sneh Mulani
Sneh Mulani
Reply to  Melvin Vincent
4 years ago

Can you please share your experience with us

Tri Hoang
Tri Hoang
4 years ago

Increase 50 by 15% mean 50 plus 15% of 50. So the correct one is 50 + 50*15% = 50(1+15%)