1% of 104 equal to 1.04
Calculation steps:
( 1 ÷ 100 ) x 104 = 1.04
Formula
(1 ÷ 100) x 104 = 1.04
Percent to decimal
1% to decimal is 1 ÷ 100 = 0.01
Multiply decimal with the other number
0.01 x 104 = 1.04
Example