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The answer is C

Statement 1: 10% of mixture contains peanuts and 90% is cashews. no info on cost given, hence insufficient

Statement 2: 100% of peanuts = 1.2 (Mixture)
Composition of mixture not given
Hence insufficient

Combining:
cost of cashews is 11/9 cost of peanuts

Answer C
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pushpitkc
We need to find how much more do cashews cost, when compared to the peanuts.

(1) The nut-mix contains 10% peanuts.
Consider the weight of nut-mix, to be 100 grams.
Weight of cashew : 90gm
Weight of peanuts : 10gm
Ratio of weight(Cashew : Peanuts) = 9:1
Since we do not know the cost of the cashew, or peanuts.
We cannot find how much costlier are the peanuts. Insufficient.

(2) The nut-mix costs 20% more than pure peanuts.
Cost of nut-mix is 120$, when compared to the 100$ peanuts caused.
Since we do not know how much of the nut-mix is peanuts, we cannot clearly tell
how much more are the cashew, when compared to the peanuts. Insufficient.

On combining both the statements, we can clearly tell by what percent the cashews are costlier.
Sufficient (Option C)

If the mix costs 120, and the cost of peanuts is 100 but the stem says cashews cost more then peanuts how does this work out?
I have somehow a logic problem in putting the last pieces of this problem together.

Arrived at exactly the same numerical example but the numbers feel so awkward, doesn't this mean cost per peanut 10 vs. cost per cashew 0.222?

Algebraic approach:

0.10p1 + 0.90p2 = Price Total

0.10p1 + 0.90p2 = 1.2p1

p2/p1 = 11 / 9

where p1= price peanuts, p2 = price cashew
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