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3 March, 06:30

A music store marks up the instruments it sells by 30%. If the store bought a guitar for $45, what will be its store price? Round your answer to the nearest hundredth (second) decimal place.

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  1. 3 March, 06:40
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    = 58.50

    Step-by-step explanation:

    We need to determine the markup

    markup = original price * markup percent

    markup = 45 * 30%

    markup = 45*.3

    =13.5

    Add the markup to the original price

    New price = 45+13.5

    = 58.5
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