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