Given the initial price of the medicine is 58anditundergoestwosuccessivepricereductionsbythesamepercentagex,thepriceafterthefirstreductionis58(1-x).Sincethereisasecondreductionbythesamepercentage,weapplythereductionagaintothenewprice,resultingin58(1-x)(1-x)or58(1-x)^2asthefinalprice.Thisfinalpriceisgivenas43.
Therefore, the equation representing this situation is:
58(1−x)2=43
So, the equation to be written is 58(1−x)2=43.