Ethem S. answered 10/29/19
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Premium grass seed sells for $1.25 per pound
Standard grass seed sells for $0.95 per pound
If the store manager dumps a 20-Ib bag of each mix into a large barrel what is the total value of the grass see in the barrel?
20 lb * P + 20 lb * S = 20 lb * $1.25 / lb + 20 lb * $0.95 / lb = $25 + $19 = $44 (note the units and how lb cancels 1/lb)
At what price per pound should the company sell this new mix to produce the same income as selling the two mixes separately?
Total weight is 2*20 lb = 40 lb. What we want is $/lb, so we need to divide total price to the total weight:
M = $44 / 40 lb = $1.10 / lb
if the store manager started with 20-In of the premium mix in a large barrel how many pounds of the standard mix should be added to create a mix that could be sold for $1.00 per pound?
We have 20 lb of P at $1.25 / lb. We need x lb of S at $0.95 / lb. Total price is
20 lb * $1.25 + x lb * $0.95
Total weight is 20 lb + X lb
We want per lb price to be $1.00
$1.00 = (20 * 1.25 + x * 0.95) / (20 + x) (multiply both sides with 20+x )
20 + x = 25 + 0.95x (subtract 0.95 from both sides)
20 + x - 0.95x = 25 (subtract 20 from both sides)
0.05x = 5 (divide both sides by 0.05 or multiply both sides with 20)
x = 100 lb