The cost per pound of milk powder and coffee were the same in June. In July, the price of coffee shot up by 300% and that of milk powder dropped by 80%. If in July, a mixture containing equal quantities of milk powder and coffee costs $6.30 for 3lbs, how much did a pound of milk powder cost in July?
Choose the correct choice from the following choices
A) $ 4	B) $ 0.2	C) $ 1	D) $ 3	E) $ 1.65

Rationale: lets assume price of coffee in june = 100 x price of milk powder in june = 100 x price of coffee in july = 400 x ( because of 300 % increase in price ) price of milk powder in july = 20 x ( because of 80 % decrease in price ) price of 1.5 pound of coffee 1.5 pound of milk powder in july will be = 600 x + 30 x = 630 x as per question 630 x = 6.30 $ x = 0.01 s so the price of milk powder in july = 20 x = 20 x 0.01 = 0.2 $ / pound answer b
Answer: B