What is 98 percent of 300? What is 300 plus 98% and 300 minus 98%?
98%
of
300
=
294
300
+
98%
=
594
300
−
98%
=
6
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Percent formula to figure out percentages:
300 ⋅ 98 ÷ 100 = 294.
So, we got a discount percentage of 294. If the price was 300 and a 98% (ie $294) discount percentage was deducted from it, then we get the final price $6. If we add the percentage received to the initial price, we get 594 (300+294). New price is 594, as the price has risen 98%.