The original price of a car was $30,000. Because the car owner thought he could get more money for the car, he set a new price by increasing the original price of the car by 5%. After a week, the car had not sold, so the owner discounted the new price by 5%, and the car was finally sold. What price was the car sold for?
Options:
A) $29,915 B) $29,925 C) $29,935 D) $29,945 E) $29,955
The car was sold for (0.95)(1.05)($30,000)=$29,925.   The answer is $29,925.
<result>B</result>
The original price of a car was $30,000. Because the car owner thought he could get more money for the car, he set a new price by increasing the original price of the car by 5%. After a week, the car had not sold, so the owner discounted the new price by 5%, and the car was finally sold. What price was the car sold for?