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?
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...