Math Problem Statement

A nut store normally sells cashews for $4.00 per pound and peanuts for $1.50 per pound. But at the end of the month the peanuts had not sold well, so, I order to sell 60 pounds of peanuts, the manager decided to mix the 60 pounds of peanuts with some cashews and sell the mixture for $2.50 per pound. How many pounds of cashews should be mixed with the peanuts to ensure no change in the revenue?

Solution

Ask a new question for Free

By Image

Drop file here or Click Here to upload

Math Problem Analysis

Mathematical Concepts

Algebra
Weighted Averages
Linear Equations

Formulas

Total Revenue = Price per Pound * Number of Pounds
Weighted Average Formula: (Weight1 * Price1 + Weight2 * Price2) / (Weight1 + Weight2)

Theorems

Basic Linear Equation Solving

Suitable Grade Level

Grades 9-10