SOLUTION: A store owner sells cashew nuts $5.00 a pound and peanuts $1.50 a pound the owner decides to mix tne nuts and sell the mixed nuts for $3.00 a pound.How much pounds of cashew should
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Question 888696: A store owner sells cashew nuts $5.00 a pound and peanuts $1.50 a pound the owner decides to mix tne nuts and sell the mixed nuts for $3.00 a pound.How much pounds of cashew should he mix with the peanuts so that the mixture will produce the same revenue as would selling the nuts separately.
Answer by josgarithmetic(39617) (Show Source): You can put this solution on YOUR website!
The question fits this form:
Mixture: Two-Part, price or cost, both material amounts unknown
Getting the same revenue just means that the price is supposed to be the desired $3.00 per pound. You can assume the amount of mixture is 1 pound, or 100 pounds; just be consistent.
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