Author 
Message 
TAGS:

Hide Tags

Intern
Joined: 11 Jul 2016
Posts: 25
Location: Thailand

A nut mix contains, by weight, 20 percent peanuts and 80 percent cashe [#permalink]
Show Tags
Updated on: 06 Feb 2017, 20:49
Question Stats:
66% (02:06) correct 34% (02:03) wrong based on 167 sessions
HideShow timer Statistics
A nut mix contains, by weight, 20 percent peanuts and 80 percent cashews. If this mixture costs 10 percent more than the cost of an equal quantity of pure peanuts, by what percent are cashews more expensive than peanuts?A) 10.0% B) 12.5% C) 15.0% D) 22.5% E) 25.0% Source  Manhattan Review GMAT Quant
Official Answer and Stats are available only to registered users. Register/ Login.
Originally posted by ssr300 on 04 Feb 2017, 19:55.
Last edited by ssr300 on 06 Feb 2017, 20:49, edited 1 time in total.



Intern
Joined: 29 Oct 2014
Posts: 40

Re: A nut mix contains, by weight, 20 percent peanuts and 80 percent cashe [#permalink]
Show Tags
04 Feb 2017, 21:11
ssr300 wrote: A nut mix contains, by weight, 20 percent peanuts and 80 percent cashews. If this mixture costs 10 percent more than the cost of an equal quantity of pure peanuts, by what percent are cashews more expensive than peanuts?
A) 10.0% B) 12.5% C) 15.0% D) 22.5% E) 25.0%
Source  Manhattan Review GMAT Quant i think answer is B 12.5% let price of 100gms peanuts be 100 so price of 100 gms mix = 110(20 gms peanut + 80 gms cashw) now 500 gms mix will be 550(100 gms peanut+400 gms cashew) as we know price of 100 gms peanut is 100; price of 400 gms cashew is 450 so (450/400)*100=112.5 12.5% more than price of 100 gm peanuts chetan2u can you please correct me if im wrong also if there is any simpler method to solve



Director
Joined: 14 Nov 2014
Posts: 667
Location: India
GPA: 3.76

Re: A nut mix contains, by weight, 20 percent peanuts and 80 percent cashe [#permalink]
Show Tags
04 Feb 2017, 21:20
[quote="ssr300"]A nut mix contains, by weight, 20 percent peanuts and 80 percent cashews. If this mixture costs 10 percent more than the cost of an equal quantity of pure peanuts, by what percent are cashews more expensive than peanuts?
A) 10.0% B) 12.5% C) 15.0% D) 22.5% E) 25.0%
let price of peanut per gm be "P" and cashew "C" now 20P + 80C =total cost of mixture(Let total quantity be 100 gm)1 According to question it is given that "mixture costs 10 percent more than the cost of an equal quantity of pure peanuts" 100gm mixture will cost 110P2
20P+80C = 110p 80C = 90P3 we have to find by what percent cashew more expensive than peanuts,so basically we need to get CP/P *100 From 3 we can get 8C =9P C/P = 9/8 C/P1=9/81 ((CP)/P)*100=1/8*100 = 12.5%



Math Expert
Joined: 02 Aug 2009
Posts: 5901

Re: A nut mix contains, by weight, 20 percent peanuts and 80 percent cashe [#permalink]
Show Tags
04 Feb 2017, 22:11
sharma123 wrote: ssr300 wrote: A nut mix contains, by weight, 20 percent peanuts and 80 percent cashews. If this mixture costs 10 percent more than the cost of an equal quantity of pure peanuts, by what percent are cashews more expensive than peanuts?
A) 10.0% B) 12.5% C) 15.0% D) 22.5% E) 25.0%
Source  Manhattan Review GMAT Quant i think answer is B 12.5% let price of 100gms peanuts be 100 so price of 100 gms mix = 110(20 gms peanut + 80 gms cashw) now 500 gms mix will be 550(100 gms peanut+400 gms cashew) as we know price of 100 gms peanut is 100; price of 400 gms cashew is 450 so (450/400)*100=112.5 12.5% more than price of 100 gm peanuts chetan2u can you please correct me if im wrong also if there is any simpler method to solve Hi, You are absolutely correct with your method.. A faster, may be slightly more logical, way would be... 80% cashew is making a difference of 10%, so 100% cashew will make a difference of\(\frac{100*10}{80}\)=12.5%
_________________
Absolute modulus :http://gmatclub.com/forum/absolutemodulusabetterunderstanding210849.html#p1622372 Combination of similar and dissimilar things : http://gmatclub.com/forum/topic215915.html
GMAT online Tutor



VP
Joined: 07 Dec 2014
Posts: 1018

Re: A nut mix contains, by weight, 20 percent peanuts and 80 percent cashe [#permalink]
Show Tags
06 Feb 2017, 18:16
A nut mix contains, by weight, 20 percent peanuts and 80 percent cashews. If this mixture costs 10 percent more than the cost of an equal quantity of pure peanuts, by what percent are cashews more expensive than peanuts?
A) 10.0% B) 12.5% C) 15.0% D) 22.5% E) 25.0%
if mix 1 contains 100 peanuts and costs $1.00, then 1 peanut costs $1.00/100=1¢ if mix 2 contains 20 peanuts and 80 cashews and costs $1.10, then 1 cashew costs [$1.1(20*1¢)]/80=1.125¢ 1.1251=.125 .125/1=12.5% cost increase from peanuts to cashews B



Target Test Prep Representative
Status: Head GMAT Instructor
Affiliations: Target Test Prep
Joined: 04 Mar 2011
Posts: 2570

Re: A nut mix contains, by weight, 20 percent peanuts and 80 percent cashe [#permalink]
Show Tags
06 Mar 2018, 11:30
ssr300 wrote: A nut mix contains, by weight, 20 percent peanuts and 80 percent cashews. If this mixture costs 10 percent more than the cost of an equal quantity of pure peanuts, by what percent are cashews more expensive than peanuts?
A) 10.0% B) 12.5% C) 15.0% D) 22.5% E) 25.0% We can assume that are 10 lbs of mixed nuts; so there are 2 lbs of peanuts and 8 lbs of cashews. We can also assume that the peanuts cost $10 per pound; so the mixed nuts cost $11 per pound. Now if we let c = the cost of cashews, we have: 2(10) + 8c = 10(11) 20 + 8c = 110 8c = 90 c = 90/8 = 45/4 = 11.25 Thus, the cashews are (11.25  10)/10 = 1.25/10 = 0.125 = 12.5% more expensive than the peanuts. Answer: B
_________________
Jeffery Miller
Head of GMAT Instruction
GMAT Quant SelfStudy Course
500+ lessons 3000+ practice problems 800+ HD solutions




Re: A nut mix contains, by weight, 20 percent peanuts and 80 percent cashe
[#permalink]
06 Mar 2018, 11:30






