We have that in 1973, when the CPI was 135, that the price of jeans was $14.99.
In 1995, when the CPI was 305 and assuming that the price goes along with inflation, the jeans should have costed:
[tex]\begin{gathered} P_{95}=P_{93}\cdot\frac{\text{CPI}_{95}}{\text{CPI}_{73}} \\ P_{95}=14.99\cdot\frac{305}{135} \\ P_{95}=14.99\cdot2.259 \\ P_{95}\approx33.87 \end{gathered}[/tex]
Answer: the price in 1995 was expected to be $33.87 (option C).
