The price of a certain product increased by the same percent from 1960 to 1970 as from 1970 to 1980. If its price of $1.20 in 1970 was 150 percent of its price in 1960, what was its price in 1980?
Choose the correct choice:
A) $ 1.80	B) $ 2.00	C) $ 2.40	D) $ 2.70	E) $ 3.00

Rationale: the price in 1970 was 150 percent of its price in 1960 , means that the percent increase was 50 % from 1960 to 1970 ( and from 1970 to 1980 ) . therefore the price in 1980 = $ 1.2 * 1.5 = $ 1.8 . answer : a .
Answer: A