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The price of a 2-liter bottle of Pepsi in 1985 was $0.89. That price has risen to $1.99 in 2013. If the CPI was 105.5

The price of a 2-liter bottle of Pepsi in 1985 was $0.89. That price has risen to $1.99 in 2013. If the CPI was 105.5 in 1985 and is 230.3 in 2013, is the price of Pepsi in 2013 cheaper or more expensive than it was in 1985 (in real terms)?

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