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## The price of a certain property increased by $$10\%$$ in the first year, decreased by $$20\%$$ in the second year, and

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### The price of a certain property increased by $$10\%$$ in the first year, decreased by $$20\%$$ in the second year, and

by Gmat_mission » Fri Feb 11, 2022 8:26 am

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## Global Stats

The price of a certain property increased by $$10\%$$ in the first year, decreased by $$20\%$$ in the second year, and increased by $$25\%$$ in the third year. What was the amount of the dollar decrease in the property price during the second year?

(1) The price of the property at the end of the third year was $$\22,000.$$

(2) The decrease in the property price over the first two years was $$\2,000$$ less than the increase in the property price during the third year.