Math puzzle: piece missing?
I'm no longer fluent in math :rolleyes: but retain some ability in algebra after all these years...
Still, I'm having trouble setting up a problem from a puzzle calendar that a friend gave me. It seems like a piece is missing, although I'm not entirely convinced that's true. Here's the quote:
Rachel wanted to buy some tiny favors for a Mardi Gras party. She tried to drive a hard bargain and succeeded. If she had paid $0.04 more per hundred, she would have received five fewer. How much did the favors cost per hundred?
Any hints or suggestions, or other comments? Thank you!