What is 103 minus 1 percent?

Here we will explain how to calculate the answer to: 103 minus 1 percent. To find the answer, we first calculate what 1 percent of 103 is, and then we deduct that amount from 103 to get the answer.

To get the 1 percent from any number such as 103, we multiply the number by 1 and then divide that answer by 100. Thus, to find 1 percent of 103, we do this:

(103 x 1)/100 = 1.03

Next, we simply subtract 1.03 from 103 like this:

103 - 1.03 = 101.97.

Therefore, as illustrated and calculated above, the answer to "What is 103 minus 1 percent?" is as follows:

101.97

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