A 275/75R15 tire is 31.2 inches (794 mm) tall and 10.8 inches wide. The sidewall is 75% of the width, 8.1 inches, on a 15-inch wheel, and the tire turns about 646 times per mile.
In flotation terms that is about 31.2x10.8R15, closest to the common 31x10.50R15 (31.0"). People often call it a 31-inch tire.
The size most often compared with it is 295/70R15, which is 0.0" taller (+0.1%). At an indicated 60 mph you would be doing 60.0 mph on it.