SOLUTION: Peanuts are selling for $2 per pound, and cashews are selling for $5 per pound. How much of each type of nut would be needed to create 20 lb of a mixture that would sell for $2.7

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Peanuts are selling for $2 per pound, and cashews are selling for $5 per pound. How much of each type of nut would be needed to create 20 lb of a mixture that would sell for $2.7      Log On

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Question 54549: Peanuts are selling for $2 per pound, and cashews are selling
for $5 per pound. How much of each type of nut would be needed to create
20 lb of a mixture that would sell for $2.75 per pound?

Found 2 solutions by Nate, wgomero:
Answer by Nate(3500) About Me  (Show Source):
You can put this solution on YOUR website!
x = number of peanutes
y = number of cashews
(2x + 5y)/20 = 2.75 where x = 20 - y
(2(20 - y) + 5y)/20 = 2.75
40 - 2y + 5y = 55
3y = 15
y = 5
plug: x = 20 - y ~> x = 20 - 5 ~> x = 15
15lb of peanuts
5lb of cashews

Answer by wgomero(28) About Me  (Show Source):
You can put this solution on YOUR website!
resolution:
p = peanuts and c = cashews
p + c = 20
2p + 5c = 2.75(20)
multiple top linear equation by (-2) and sum
-2p -2c = -40
2p + 5c = 55
---------------------
3c = 15
3c/3 = 15/3
c = 5
p + 5 = 20
p = 20 -5
p = 15
you need 15 pound of peanuts and 5 pounds of cashews