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 10%. After a week, the car had not sold, so the owner discounted the new price by 10%, and the car was finally sold. What price was the car sold for?  Choose the correct choice from the following answers:
A) $29,660  B) $29,680  C) $29,700  D) $29,720  E) $29,740
The car was sold for (0.9)(1.1)($30,000)=$29,700.   The answer is $29,700.
<result>C</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 10%. After a week, the car had not sold, so the owner discounted the new price by 10%, and the car was finally sold. What price was the car sold for?