The cost per pound of tea and milk powder were the same in June. In July, the price of milk powder shot up by 200% and that of tea dropped by 80%. If in July, a mixture containing equal quantities of tea and milk powder costs $4.80 for 3lbs, how much did a pound of tea cost in July?
Choose the correct choice from the following:
A) $4
B) $0.2
C) $1
D) $3
E) $1.65
Lets assume price of Coffee in June =100x   Price of Tea in June =100x   Price of milk powder in July = 300x (because of 200% increase in price)   Price of Tea in July = 20x (because of 80% Decrease in price)   Price of 1.5 pound milk powder 1.5 pound of Tea in July will be = 450x + 30x = 480x   As per question   480x450  + 30= 
<gadget id="calculator">450  + 30</gadget>
<output>480</output>
480x   As per question   480x= 4.80$   x = 0.01S   So the Price of Tea in July = 20x = 20 x 0.01 = 0.2$/pound   Answer $0.2
<result>B</result>
The cost per pound of tea and milk powder were the same in June. In July, the price of milk powder shot up by 200% and that of tea dropped by 80%. If in July, a mixture containing equal quantities of tea and milk powder costs $4.80 for 3lbs, how much did a pound of tea cost in July?