N=1/5 I think i had this question before.
I don't know what the "six-step method" is supposed to be, so I'll just demonstrate the typical method for this problem.
Let <em>x</em> be the amount (in gal) of the 50% antifreeze solution that is required. The new solution will then have a total volume of (<em>x</em> + 60) gal.
Each gal of the 50% solution used contributes 0.5 gal of antifreeze. Similarly, each gal of the 30% solution contributes 0.3 gal of antifreeze. So the new solution will contain (0.5 <em>x</em> + 0.3 * 60) gal = (0.5 <em>x</em> + 18) gal of antifreeze.
We want the concentration of antifreeze to be 40% in the new solution, so we need to have
(0.5 <em>x</em> + 18) / (<em>x</em> + 60) = 0.4
Solve for <em>x</em> :
0.5 <em>x</em> + 18 = 0.4 (<em>x</em> + 60)
0.5 <em>x</em> + 18 = 0.4 <em>x</em> + 24
0.5 <em>x</em> - 0.4 <em>x</em> = 24 - 18
0.1 <em>x</em> = 6
<em>x</em> = 6/0.1 = 60 gal
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Had to look for the options and here is my answer.
Where stocks are traded can be called exchange, market, or trading floor and that would be except for INVESTMENT ARENA. There is no such term as investment arena related to trading of stocks. Hope this answer helps.
