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

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Question 223872: 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 . If a gold
ring is marked 18K and it weighs 0.4 oz, what is the value of
the gold in the ring if pure gold is valued at $300 per oz?

Answer by ankor@dixie-net.com(22740)   (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 . If a gold
ring is marked 18K and it weighs 0.4 oz, what is the value of
the gold in the ring if pure gold is valued at $300 per oz?
:
* .4 * 300 = $90

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