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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