What is 12 percent of 1380000? What is 1380000 plus 12% and 1380000 minus 12%?
12%
of
1380000
=
165600
1380000
+
12%
=
1545600
1380000
−
12%
=
1214400
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Percent formula to figure out percentages:
1380000 ⋅ 12 ÷ 100 = 165600.
So, we got a discount percentage of 165600. If the price was 1380000 and a 12% (ie $165600) discount percentage was deducted from it, then we get the final price $1214400. If we add the percentage received to the initial price, we get 1545600 (1380000+165600). New price is 1545600, as the price has risen 12%.