A jeweler who buys a ring from a jewelry maker for $125 marked with the price by 135% for sale in the store what is the selling

Question

kondor19780726 [428]

3 years ago

9

A jeweler who buys a ring from a jewelry maker for $125 marked with the price by 135% for sale in the store what is the selling

price of the ring with 7.5 sales tax

Mathematics

2 answers:

siniylev [52] · Answer 1 · 2021-12-10T14:29:52+03:00

siniylev [52]3 years ago

6 0

Marked up by 135% means
new price=original price+(original price times markup) =125+(125 times 1.35)=293.75
tax
293.75 times 0.075=22.03125

293.75-22.03125=271.718 so aprox $271.72

selling price would be $271.72

mezya [45] · Answer 2 · 2021-12-10T16:35:34+03:00

mezya [45]3 years ago

5 0

Selling price would be $271.72