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If a price was increased by \(x\%\) and then decreased by \(y\%,\) is the new price higher than the original?

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by Gmat_mission » Thu Apr 29, 2021 7:24 am

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If a price was increased by \(x\%\) and then decreased by \(y\%,\) is the new price higher than the original?

(1) \(x>y\)

(2) \(x=1.2y\)

Answer: E

Source: GMAT Club Tests
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