The price of a certain painting increased by 30% during the first year and decreased by 15% during the second year. The price of the painting at the end of the 2-year period was what percent of the original price?	Pick.
A) 102%
B) 105%
C) 110.5%
D) 112.5%
E) 100%
Easiest thing to do: Assume that price is 100   Price at the end of yr 1: 100+ 30 = 130   Price at the end of year 2 = 130 - 130*0.15 = 130*0.85= 
<gadget id="calculator">130*0.85</gadget>
<output>110.5</output>
110.5   Hence required answer= (110.5/100)*100= 
<gadget id="calculator">(110.5/100)*100</gadget>
<output>110.5</output>
110.5%   Answer is 110.5%.
<result>C</result>
The price of a certain painting increased by 30% during the first year and decreased by 15% during the second year. The price of the painting at the end of the 2-year period was what percent of the original price?