Power $P=I^{2} R$ $\therefore P \propto I^{2}$ Then $\frac{R_{1}}{P_{2}}=\frac{I^{2}}{\left(\frac{101}{100}\right)^{2} I^{2}}$ Percentage increase in power $\left(\frac{P_{2}}{R_{1}}-1\right) \%$ $=\left(\frac{101 \times 101}{100 \times 100}-1\right) \%$ $=2 \%$
Electromagnetic Induction is a current produced by the voltage production due to a changing magnetic field. This happens in one of the two conditions:-
When we place the conductor in a changing magnetic field.
When the conductor constantly moves in a stationary field.