Which decimal can be multiplied by the result of $(x \times 1.15)$ to return $15$% of $x$?
For example, when I want to add $15$% sales tax to an item before tax, I would multiply by $1.15$.
$100 \times 1.15 = 115$
I was trying to figure out which decimal I can multiply against the result $(115)$ that would essentially give me the same result of $[(x \times 1.15) - x]$.
Through trial and error I've come up with the decimal $0.13044$ which approximately gave me what I want. Example:
$(100 \times 1.15) - 100 = 15$
vs
$4(100\times1.15) \times 0.13044 = 15.0006$
Is there a way to calculate the exact or close to exact decimal that I am looking for, that when multiplied by a number plus $15$% would return the value of the $15$%.
This is purely out of curiosity rather than for any practical purpose.
You want to have your decimal $q$ such that $$q \times (1.15 \times x ) = 1.15 \times x - x = 0.15 \times x$$ so $$q \times 1.15 \times x = 0.15 \times x$$ for all $x$ Finally, you have $$q = \frac{0.15}{1.15} \simeq 0.1304347826$$
In general, if you increase by $p$ (i.e. $100p$ %), $$q = \frac{p}{p+1}$$