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A jeweler buys a ring from a jewelry maker for $125. He marks up the price by 135% for sale in his store. What is the selling price of the ring with 7.5% sales tax?
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A jeweler buys a ring from a jewelry maker for $125. He marks up the price by 135% for sale in his store. What is the selling price of the ring with 7.5% sales tax?

User Kinda
by
8.4k points

2 Answers

5 votes

Answer:

$315.78

Explanation:

User Biby
by
8.3k points
3 votes
Hey there!

First, you would multiply 125*135%= 168.75
Then you would add 125 to 168.75 and you would get 293.75.
Next, you would multiply 293.75*7.5%= 22.03
Finally, add 22.03 to 293.75 and your answer is...

$315.78
User Svetlozar Angelov
by
8.2k points
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