Question 545770
<br><font face="Tahoma">Let the no name oatmeal be N.<br>

Let the leading brand oatmeal be L.<br>

Then we know from the given facts that {{{N=(2/3)*L}}}<br>

We also know the value for N, it is 1.50<br>

So we can substitute this in our equation:<br>

{{{1.50=(2/3)*L}}}<br>

And now we just need to solve for L to find out how much the leading brand costs!<br>

{{{1.50=(2/3)*L}}} given<br>

{{{4.50=2*L}}} multiplied both sides by 3<br>

{{{2.25=L}}} divided both sides by 2<br>

{{{L=2.25}}}<br>

So our leading brand oatmeal costs $2.25, which makes sense from our given facts.<br>

Notice how we could have also just multiplied the no name brand price by 3/2 to get the leading brand price?<br>

That would be a little shortcut using the properties of inverse operations!<br>

I hope this helps!  :)<br>