medium · GMAT Quant
A venture capital firm evaluates a startup's valuation goal, which is set at 82 percent above its current seed valuation. Following a successful product launch, the valuation increases by 40 percent.
The additional valuation increase required to meet the final goal represents what percent of the valuation immediately following the product launch?
- 30%
- 42%
- 40%
- 21%
- 82%
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