This is a straightforward application of the liquidity index formula, but instead of jumping straight to $PL$, let's think about what liquidity index physically means and rearrange the formula that way.
The liquidity index measures, as a fraction of the plasticity range, how far the soil's current water content $w$ has moved above the plastic limit:
\[ LI = \frac{w - PL}{LL - PL} = \frac{w - PL}{PI} \]A liquidity index of $LI = 0.50$ means the natural water content sits exactly halfway between $PL$ and $LL$. So the gap between $w$ and $PL$ equals half the plasticity index:
\[ w - PL = LI \times PI = 0.50 \times 40 = 20\% \]We are told $w = 30\%$, so:
\[ PL = w - 20 = 30 - 20 = 10\% \]Let's summarize:
So the estimated plastic limit is $PL = 10.0\%$.