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?  Choices:
A) $ 1.80	B) $ 2.00	C) $ 2.40	D) $ 2.70	E) $ 3.00
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.   $ 1.80nswer: $ 1.80.
<result>A</result>
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?