Ahh.. Now i get it, I think...
Your math is correct, @stepfen but you calculate a percent increase of added weignt (lead). The 1 % or 3.5 % is a persentage of the total weight.
I am pretty sure @victorzamora means 3,5 % of total weight (3,5 kg if diver is 100kg), and that this will have to be...