Question

The price of a loaf of bread was increased by 20%.How many loaves can be purchased for the amount of money that was spent to buy 300 Loaves?

Answer 1

Let, earlier cost price of 1 loaf is x

So, Earlier cost price of 300 loaves is 300x

At 20% increase, x+x × 20% = 1.2x

Now, 300x/1.2x = 250