What is 98 percent of 340000? What is 340000 plus 98% and 340000 minus 98%?
98%
of
340000
=
333200
340000
+
98%
=
673200
340000
−
98%
=
6800
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Percent formula to figure out percentages:
340000 ⋅ 98 ÷ 100 = 333200.
So, we got a discount percentage of 333200. If the price was 340000 and a 98% (ie $333200) discount percentage was deducted from it, then we get the final price $6800. If we add the percentage received to the initial price, we get 673200 (340000+333200). New price is 673200, as the price has risen 98%.