Let
x -----> pounds of one kind of nuts ($2.00 per pound)
y ----> pounds of other kind of nuts ($2.90 per pound)
we have that
2x+2.90y=2.50(16) ------> equation 1
x+y=16-----> x=16-y -----> equation 2
solve the system of equations
substitute equation 2 in equation 1
2(16-y)+2.90y=40
solve for y
32-2y+2.90y=40
2.90y-2y=40-32
0.90y=8
y=8.89
Find out the value of x
x=16-8.89
x=7.11
therefore
the answer is
7.11 pounds of one kind of nuts ($2.00 per pound)
8.89 pounds of other kind of nuts ($2.90 per pound)