# SOLUTION: The amount of gold jewelry and other products is measured in karats (K), where 24K represents pure gold. The mark 14K on a chain indicates that the ratio between the mass of the go

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 Question 182361: The amount of gold jewelry and other products is measured in karats (K), where 24K represents pure gold. The mark 14K on a chain indicates that the ratio between the mass of the gold in the chain and the mass of the chain is 14:24. If a gold ring is marked 18K and it weighs 0.4 oz, what is the value of the gold rinf if pure gold is valued at \$300 per oz?Answer by ankor@dixie-net.com(15746)   (Show Source): You can put this solution on YOUR website!The amount of gold jewelry and other products is measured in karats (K), where 24K represents pure gold. The mark 14K on a chain indicates that the ratio between the mass of the gold in the chain and the mass of the chain is 14:24. If a gold ring is marked 18K and it weighs 0.4 oz, what is the value of the gold ring if pure gold is valued at \$300 per oz? : * .4 * 300 = \$90.00