Find the function(s) satisfying $f(x/y)=f(x)-f(y)$ and $f(e)=1$ for $x>0$.
Although $\ln x$ is the obvious solution to the above problem, I am interested in knowing the general way to deal with such problems(in case the function is not so obvious)
My approach:
$f(x/y)=f(x)-f(y)$
Substitute $y=1/x$
So, $f(x^2)+f(1/x^2)=0$
How do I proceed further?
There is no such thing as a general way of solving functional equations.
Let $g(x)=f(e^{x}), x \in \mathbb R$. Changing $x$ to $xy$ in the given equation we get $f(xy)=f(x)+f(y)$ and this becomes $g(x+y)=g(x)+g(y)$. There are lots of weird solutions of this equation but the only continuous one with $g(1)=1$ is $g(x)=x$. This gives $f(x) =\ln x$ if continuity is assumed.