What is 98 percent of 30000000? What is 30000000 plus 98% and 30000000 minus 98%?
98%
of
30000000
=
29400000
30000000
+
98%
=
59400000
30000000
−
98%
=
600000
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Percent formula to figure out percentages:
30000000 ⋅ 98 ÷ 100 = 29400000.
So, we got a discount percentage of 29400000. If the price was 30000000 and a 98% (ie $29400000) discount percentage was deducted from it, then we get the final price $600000. If we add the percentage received to the initial price, we get 59400000 (30000000+29400000). New price is 59400000, as the price has risen 98%.