The final corrected length of the runway can be found using the formula for runway length correction due to gradient:
\[
L_{\text{final}} = \frac{L_{\text{corrected}}}{\sqrt{1 - G}}
\]
Where:
- \( L_{\text{corrected}} = 700 \, \text{m} \) is the length after elevation and temperature correction,
- \( G = 1\% = 0.01 \) is the effective gradient.
Substitute the values:
\[
L_{\text{final}} = \frac{700}{\sqrt{1 - 0.01}} = \frac{700}{\sqrt{0.99}} \approx 700 \times 1.005
\]
\[
L_{\text{final}} \approx 705 \, \text{m}
\]
Thus, the final corrected runway length is approximately \( 705 \, \text{m} \).