Explanation:
To find the cost of each bag of feed, we can use the equation:
24b = 720
where b represents the cost of one bag of feed in dollars.
To solve for b, we can isolate it on one side of the equation by dividing both sides by 24:
24b/24 = 720/24
Simplifying the calculation, we get:
b = 30
Therefore, each bag of feed costs $30.