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Problem Solving (PS) | Re: Between the first day of May and last day in June, the price per kilog

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Solution



Given:
    •The price of Melange first declined by 20% and then increased by 50%
    •The price of Blue water first increased by 20% and then declined by 50%
    •At the end, both the prices are same

To find:
    •At the beginning, price of Blue water was what percent of the price of Melange

Approach and Working: Assuming the initial price of Melange and Blue water was m and b respectively
    •Price of Melange after two changes = m * 0.8 * 1.5 = 1.2 m
    •Price of Blue water after two changes = b

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