Increase the font size with a click of a button using only JavaScript

Change your function to as in the code below and see what happens:

function increaseFontSizeBy100px() {
    txt = document.getElementById('a');
    style = window.getComputedStyle(txt, null).getPropertyValue('font-size');
    currentSize = parseFloat(style);
    txt.style.fontSize = (currentSize + 100) + 'px';
}
function increaseFontSizeBy1px() {
    txt = document.getElementById('b');
    style = window.getComputedStyle(txt, null).getPropertyValue('font-size');
    currentSize = parseFloat(style);
    txt.style.fontSize = (currentSize + 1) + 'px';
}

Note: as you can see, there are a lot of duplication in both functions. Therefore, if I were you, I would change this function to increase the fontsize by a given value(in this case, an int).

So, what we can do about it? I think we should turn these functions into a more generic one.

Take a look at the code below:

function increaseFontSize(id, increaseFactor){
     txt = document.getElementById(id);
     style = window.getComputedStyle(txt, null).getPropertyValue('font-size');
     currentSize = parseFloat(style);
     txt.style.fontSize = (currentSize + increaseFactor) + 'px';
}

Now, for example, in your button "Increase Font Size 1px", you should put something like:

<input type="button" value="Increase Font Size 1px" onclick="increaseFontSize("b", 1)">
<p id="b">Font Size by 1 Pixel</p>

But, if we want a "Decrease Font Size 1px", what we can do? We call the function with -1 rather than with 1.

<input type="button" value="Decrease Font Size 1px" onclick="increaseFontSize("b", -1)">
<p id="b">Font Size by -1 Pixel</p>

We solve the Decrease Font Size problem as well. However, I would change the function name to a more generic one and call it in both two functions that I would create: increaseFontSize(id, increaseFactor) and decreaseFontSize(id, decreaseFactor).

That's it.

const button = document.querySelector('.bigger');
button.addEventListener('click', function(e) {
  const newFontSize =
    parseFloat(getComputedStyle(e.currentTarget).fontSize) + 1;
  e.currentTarget.style.fontSize = `${newFontSize}px`;
});

Cycle through different font sizes by clicking on an element

$(document).ready(function() {
  $("#ModelIDBarcode").click(function() {
    newFontSize = incSize($('.barcode').css("font-size"), 10, 5, 120)
    $('.barcode').css("font-size", newFontSize);
  });
});

function incSize(currentSize, incr, min, max) {
  fSize = (parseFloat(currentSize) + incr) % max + min;
  return (fSize) + 'px';
}

<script src="https://ajax.googleapis.com/ajax/libs/jquery/2.0.0/jquery.min.js"></script>
<label title="Click to increase size" id="ModelIDBarcode" class="barcode" style="font-family:'3 of 9 Barcode'; font-size:10px; background-color:white">
*ABarcodeValue*
</label>

Try this:

<input type="button" value="Increase Font Size 100px" onclick="increaseFontSizeBy100px()">
<p id="a">Font Size</p>

<input type="button" value="Increase Font Size 1px" onclick="increaseFontSizeBy1px()">
<p id="b">Font Size by 1 Pixel</p>

<script> 
    function increaseFontSizeBy100px() {
        document.getElementById('a').style.fontSize = "100px";
    }
    function increaseFontSizeBy1px() {
        var id = document.getElementById('b');
        var style = window.getComputedStyle(id, null).getPropertyValue('font-size');
        var currentSize = parseInt(style);
        currentSize++;
        document.getElementById('b').style.fontSize = currentSize.toString();
    }
</script>