As an inventory manager for a music retailer, you are training a new employee on how to set prices for instruments. Which of the following formulas correctly shows how to calculate the final list price ($p$) of a guitar given its original cost ($c$) and the dollar amount of the mark-up ($m$)?

As a new pricing analyst for a retail music company, you are tasked with pricing a new shipment of guitars. Recall the standard procedure for determining the final price. Arrange the following steps in the correct order to find the list price of a guitar when you are given its original cost and the mark-up percentage.

As an inventory specialist at a music store, you are responsible for setting the final prices on incoming instruments. Match each pricing term used in the store's 'mark-up strategy' with its correct mathematical definition.

Calculating the Mark-up Amount

In your role as a pricing analyst for a music retailer, you are calculating the mark-up for a new shipment of instruments. True or False: To find the dollar amount of the mark-up for a guitar with an original cost of {}\800$and a mark-up rate of${}30%$, the correct equation to solve is$m = 0.30 \times 800$.