The value of the gold in the ring is $78.50.
m(ring) = 12.41 g; mass of the ring
m(Au) = 0.583 × 12.41 g
m(Au) = 7.235 g; the mass of gold in the ring
m(Au) = 7.235 g × 0.0352 g/ounce
m(Au) = 0.255 ounce
value = 0.255 ounce × $308.00/ounce
value = $78.50; the value of the gold in the ring
Karat is a measure of the purity of gold. A gold karat is 1/24 part of the whole.
Gold is very ductile and can be drawn into a monoatomic wire or used in the production of rings.
More about karat: brainly.com/question/13808328
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