Statistics Solutions

[See Steps] A store sells cashews for $6.00 per pound and peanuts for $2.50 per pound. The manager decides to mix 50 pounds of peanuts with some cashews

Question: A store sells cashews for $6.00 per pound and peanuts for $2.50 per pound. The manager decides to mix 50 pounds of peanuts with some cashews and sell the mixture for $4.00 per pound. How many pounds of cashews should be mixed with the peanuts so that the mixture will produce the same revenue as would selling the nuts separately?

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Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document


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