Heat oven to 350 degrees F. Place paper baking cups in muffin pan or spray with non stick cooking spray. In large bowl beat cake mix, eggs, water, oil and 3/4 cup peanut butter on low speed until well mixed. Pour into muffin cups filling about 2/3 way full. Bake 20 minutes or until toothpick inserted into center comes out clean. Mix frosting and 1/4 cup peanut butter together. Spread over cooled cupcakes and sprinkle with peanuts.
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