a jeweler buys a ring for $85.00 and sell it with 135% increase in price. How much did he sell it for?
well if the increase is 135% then
actual price=85
135% of actual price=114.75
new price
= actual price + increased price
= 85+114.75
=119.75
135% increase in price.
Means the new price is now 100% + 135% = 235% of the price bought.
= 235% of 85
= 235/100 85 = 2.35 85 = 199.75
He sold it for $199.75.