SOLUTION: A certain company increased its prices by 30% during 1992. Then in 1993 it was forced to cut back its prices by 20%. What was the net change in price?

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Question 607068: A certain company increased its prices by 30% during 1992. Then in 1993 it was forced to cut back its prices by 20%. What was the net change in price?
Answer by solver91311(24713) About Me  (Show Source):
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John

My calculator said it, I believe it, that settles it
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