A value starts at 1000. It increases by 30%, then decreases by 30%. What is the final value?
- A. 700
- B. 910 ✓
- C. 1000
- D. 1300
Correct answer
B. 910
Explanation
After a 30% increase: 1000 × 1.30 = 1300. After a 30% decrease: 1300 × (1 - 0.30) = 910.
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