hard · GMAT Quant
A commercial bank adjusts the credit limit C of a corporate account across three review periods. In Period 1, C is increased by $20,000 and the new limit is increased by 50 percent. In Period 2, the limit is reduced by $50,000 and then reduced by 20 percent. In Period 3, the limit is increased by $10,000, resulting in a final credit limit of $90,000.
What was the initial credit limit C?
- $65,000
- $72,000
- $80,000
- $100,000
- $120,000
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