SOLUTION: Eric has enough money to buy 24 chocolate bars. If the price of each chocolate bar is reduced by 5 pesos, he will be able to buy an extra 6 chocolate bars with the same amount of m

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Question 1131585: Eric has enough money to buy 24 chocolate bars. If the price of each chocolate bar is reduced by 5 pesos, he will be able to buy an extra 6 chocolate bars with the same amount of money. Find the original price of each chocolate bar.
Answer by josgarithmetic(39630) About Me  (Show Source):
You can put this solution on YOUR website!
price=cost%2Fquantity

P=C%2FQ

PQ=C 

              PRICE       QUANTITY      COST
Actual         p           24             c
IF cheaper     p-5         30             c


p%2A24=%28p-5%29%2A30

highlight_green%2824p=30%28p-5%29%29
Simplify and solve for p.

25 peso per chocolate bar
p=25