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1. The price of a loaf of bread was increased by 20%. How many loaves can be purchased now by the amount of money used to buy 300 loaves at the earlier price?
- A. 240
- B. 240
- C. 240
- D. 240
Answer: Option B
Explanation:
Let, earlier cost price of 1 loaf is Tk.x
Earlier cost price of 300 loaves is = 300x
At 20% increase , x + x × 20% = 1.2x
Now, 300x /1.2x = 250
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