GMAT Club Official Explanation:
An alloy is made by mixing certain quantities of iron, copper, and lead. If the average (arithmetic mean) cost of the alloy is $20 per kilogram, what is the ratio of the weight of iron to the weight of copper to the weight of lead in the alloy?Assuming x kilograms of iron, y kilograms of copper, and z kilograms of lead were used to make the alloy, the question asks us to find the ratio x : y : z.
(1) The cost per kilogram of iron, copper, and lead is $10, $20, and $30, respectively.
Since the average cost of the alloy is $20 per kilogram, from the above statement we can deduce that (10x + 20y + 30z)/(x + y + z) = 20. Simplifying this equation gives x = z. Thus, we have the relationship x : z = 1 : 1. However, we still don't know the relationship between y and x, or y and z to get the final ratio of x : y : z. Not sufficient.
(2) The cost of the copper used in the alloy equals the cost of the lead used in the alloy.
This statement alone is clearly not sufficient to determine the desired ratio.
(1) + (2) Since from (1) the cost per kilogram of copper and lead is $20 and $30, respectively, then from (2) we can deduce 20y = 30z, which gives y : z = 3 : 2. Therefore, combining with x = z from statement (1), we get x : y : z = 2 : 3 : 2. Sufficient.
Answer: C.