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Leo has a salary of 馃挿 120000. Calculate his new salary if it is increased by x% & decreased by x%. [I Like Mathematics]

The answer is: 120000(1 - x^2/10^4)

Please explain the steps.
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Riemann31-35, M
@TryingtoLava The answer is given fam. Can you explain the steps?
@Riemann o for sure
1) be born
2) learn math
3) join sw
4) post bout leo
5) ask lava bout steps
6) ask why theres step 6
7) rinse and repeat
Riemann31-35, M
@TryingtoLava 馃挴