What is the final amount if 1230 is increased by 15% followed by a 17% decrease? Give your answer rounded to 2 DP.
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Answer: 1,223.24
Step-by-step explanation:
1) 1230 x (1+0.17) = 1230 x 1.17 = 1,439.10
2) 1439.10 x (1-0.15) = 1439.10 x 0.85 =1,223.24
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