Adding percentage! True or False?

$\LARGE\underbrace{2016\%+2016\%+\ldots+2016\%}_{2016\text{ times}}=(2016\%)^2$

$\LARGE\implies2016\% \underbrace{(1+1+\ldots+1)}_{2016\text{ times}}=(2016\%)^2$

$\LARGE\implies2016\%(2016)=(2016\%)^2$

$\LARGE\implies\dfrac{2016}{100}\times2016=(\dfrac{2016}{100})^2$

$\LARGE\implies\dfrac{2016^2}{100}=\dfrac{2016^2}{100^2}$ $\LARGE\rightarrow\color{#D61F06}{False}$

$\underbrace{2016\%+2016\%+\ldots+2016\%}_{2016\text{ times}}=(2016\%)^2$

$2016(2016\%)=(2016\%)^2$

$2016=2016\%$

$2016 \not= \dfrac{2016}{100}$

$\huge \implies \boxed{\color{#0C6AC7}{\mathcal{False}}}$

Replace all % signs by 1/100