Brian May, guitarist for Queen, does not know how to price his signature Antique Cherry Special that cost him £ 400 to make. He knows he wants \( 85 \% \) markup on cost. What price should Brian May ask for the guitar? Price

To calculate the selling price with an 85% markup on cost, you can use the formula: \[ \text{Selling Price} = \text{Cost} + (\text{Markup Percentage} \times \text{Cost}) \] Brian’s cost for the guitar is £400, so: \[ \text{Selling Price} = £400 + (0.85 \times £400) = £400 + £340 = £740 \] Therefore, Brian May should ask for £740 for his Antique Cherry Special guitar.