SOLUTION: Caramel corn costs $2.00 per pound and peanuts cost $4.00 per pound. A candy store owner makes 50 lbs of caramel corn/peanut mix that costs $2.40 per pound. How much caramel corn i

Question 29147: Caramel corn costs $2.00 per pound and peanuts cost $4.00 per pound. A candy store owner makes 50 lbs of caramel corn/peanut mix that costs $2.40 per pound. How much caramel corn is in the mix?
Thank you,
lyra
Answer by checkley72(6) (Show Source): You can put this solution on YOUR website!
thr ratio of peanut cost to carmal corn is 2:1.
Therefore the price of a pound of mix is $.80 worth of peanuts & $1.60 worth of carmal corn. ($.80 + $1.60 = $ 2.40).
This requires that .8 pounds of carmal corn and .2 pounds of peanuts be the mix.
50 X .8 = 40 pounds of carmal corn. 40 pounds of carmal corn X $2.00 = $80.00
50 X .2 = 10 pounds of peanuts. 10 pounds of peanuts X $4.00 = $40.00
$80.00 worth of carmal corn + $40.00 worth of peanuts = $120.00 (50 X $ 2.40)
Therefore there is 40 pounds of carmal corn in the 50 pound mix.
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