SOLUTION: The price of regular rice is $1 per pound; that of premium rice is $2. Mix 300 pounds of regular rice with 400 pounds of premium rice. What is the price of the mixture?

Question 355645: The price of regular rice is $1 per pound; that of premium rice is $2. Mix 300 pounds of regular rice with 400 pounds of premium rice. What is the price of the mixture?
Answer by mananth(16946) (Show Source): You can put this solution on YOUR website!
The price of regular rice is $1 per pound; 300 pounds
that of premium rice is $2. :: 400 pounds
...
300*1 +400*2 = 700*x
300+800= 700x
1100=700x
/700
1100/700 =x
x=1.57
Mix cost = $1.57
...
m.ananth@hotmail.ca
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