What is 12 percent of 420000? What is 420000 plus 12% and 420000 minus 12%?
12%
of
420000
=
50400
420000
+
12%
=
470400
420000
−
12%
=
369600
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Percent formula to figure out percentages:
420000 ⋅ 12 ÷ 100 = 50400.
So, we got a discount percentage of 50400. If the price was 420000 and a 12% (ie $50400) discount percentage was deducted from it, then we get the final price $369600. If we add the percentage received to the initial price, we get 470400 (420000+50400). New price is 470400, as the price has risen 12%.