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12000\left(1+\frac{1}{25}\right)
Reduce the fraction \frac{4}{100} to lowest terms by extracting and canceling out 4.
12000\left(\frac{25}{25}+\frac{1}{25}\right)
Convert 1 to fraction \frac{25}{25}.
12000\times \frac{25+1}{25}
Since \frac{25}{25} and \frac{1}{25} have the same denominator, add them by adding their numerators.
12000\times \frac{26}{25}
Add 25 and 1 to get 26.
\frac{12000\times 26}{25}
Express 12000\times \frac{26}{25} as a single fraction.
\frac{312000}{25}
Multiply 12000 and 26 to get 312000.
12480
Divide 312000 by 25 to get 12480.