Math Problem Statement

Jimi bought a vintage guitar for
$ 450 from a music store. He spent several weeks fixing the guitar up and then sold it after adding a
210 % markup to the original price. How much did he sell the guitar for?

Solution

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Math Problem Analysis

Mathematical Concepts

Percentage Markup
Basic Arithmetic

Formulas

Markup Amount = (Markup Percentage / 100) × Original Price
Selling Price = Original Price + Markup Amount

Theorems

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Suitable Grade Level

Grades 6-8