let x be the price before the discount
If you get 12% off, then you only pay the remaining 88% (since 88%+12% = 100%). This means if you take 88% of the original price (x), then you get the final price (132)
In terms of an equation, we have,
88% of (original price) = final price
(88/100)*(x) = 132
0.88*x = 132
0.88*x/0.88 = 132/0.88 <--- divided both sides by 0.88
x = 150
--------------------------------------------
Answer: The price without the discount is $150