SOLUTION: A bag of peanuts is worth 30 cents less than a bag of cashews. Equal amounts of peanuts and cashews are used to make 40 bags of a mixture that sells for $1.05 per bag. How much w

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Question 227839: A bag of peanuts is worth 30 cents less than a bag of cashews. Equal amounts of peanuts and cashews are used to make 40 bags of a mixture that sells for $1.05 per bag. How much would a bag of cashews be worth?
Answer by ankor@dixie-net.com(22740) About Me  (Show Source):
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A bag of peanuts is worth 30 cents less than a bag of cashews.
Equal amounts of peanuts and cashews are used to make 40 bags of a mixture that sells for $1.05 per bag.
How much would a bag of cashews be worth?
:
Let x = cost of a bag of cashews
then
(x-.30) = cost of peanuts
:
there will be 20 bags of each
:
20x + 20(x-.30) = 1.05(40)
;
20x + 20x - 6 = 42
:
40x = 42 + 6
:
40x = 48
x = 48%2F40
x = $1.20 cost of a bag of cashews