Answer:
The new price of the guitar would be $464.00
Step-by-step explanation:
The original price of the guitar = $320
The music store increased the price of guitar by = 45%
First we calculate 45% of the 320 and then add it to the original price.
The new price of the guitar = 320 + ( 45% × 320 )
= 320 + ( 0.45 × 320 )
= 320 + 144
= $464
The new price of the guitar would be $464.00
