Solve 1000(1+5/100)*3

$$1000(1+ \frac{ 5 }{ 100 } ) \times 3$$

Evaluate

$$3150$$

Solution Steps

Reduce the fraction \frac{5}{100} to lowest terms by extracting and canceling out 5.

$$1000\left(1+\frac{1}{20}\right)\times 3$$

Convert 1 to fraction \frac{20}{20}.

$$1000\left(\frac{20}{20}+\frac{1}{20}\right)\times 3$$

Since \frac{20}{20} and \frac{1}{20} have the same denominator, add them by adding their numerators.

$$1000\times \frac{20+1}{20}\times 3$$

Add 20 and 1 to get 21.

$$1000\times \frac{21}{20}\times 3$$

Express 1000\times \frac{21}{20} as a single fraction.

$$\frac{1000\times 21}{20}\times 3$$

Multiply 1000 and 21 to get 21000.

$$\frac{21000}{20}\times 3$$

Divide 21000 by 20 to get 1050.

$$1050\times 3$$

Multiply 1050 and 3 to get 3150.

$$3150$$

Factor

$$2\times 3^{2}\times 5^{2}\times 7$$