First you should know how paper is graded and marketed. A long time ago it became acknowledged that a Ream of Paper might be 500 sheets. This came in and remains to be sold in weight. Most secretaries had to know these amounts back in the 40's through the 70's. These were:
65 lb bond was the lightest of cardstocks along with a quick drying surface for postcards.
28 lb as well as 32 lb were perfect for putting recipe booklets, information brochures and printing on both sides.
20 lb and 24 lb came out as a good grade multi-purpose paper generally found in the every day copy machines. These were in business offices as well as taking tests in higher grades of school.
If you are a Baby Boomer you remember the cheap copy paper. It was in the Mimeograph devices. A secretary organized the block print, crammed it onto a drum, mixed the blue ink with alcohol, shoved a ream of cheap copy paper in the end and started cranking. Quite a few still have fond recollections of the smells. Should you attempted to erase it you quickly wore a hole through it.
Keep in mind, we had no computers and very few office printers. 95% of print tasks went to the professionals. Today it is not uncommon to locate various printers in Libraries and Homes. The children need one for their homework and the mother and father need one for normal bookwork.
While 20 lb grade papers is superb, it is just no longer in demand. We needed discount copy paper that would hold up. So they included a bit more bulk to the old Mimeograph sheets and today we now have a nice economical paper we can easily afford to have great quantities on hand. With this you can make multiple duplicates of the business reports or pages for your small children to color.
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