What is 12 percent of 1150000? What is 1150000 plus 12% and 1150000 minus 12%?
12%
of
1150000
=
138000
1150000
+
12%
=
1288000
1150000
−
12%
=
1012000
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Percent formula to figure out percentages:
1150000 ⋅ 12 ÷ 100 = 138000.
So, we got a discount percentage of 138000. If the price was 1150000 and a 12% (ie $138000) discount percentage was deducted from it, then we get the final price $1012000. If we add the percentage received to the initial price, we get 1288000 (1150000+138000). New price is 1288000, as the price has risen 12%.