Final answer:
The percent paid after a 30% discount is 70% of the regular price. The equation to find the regular price is 0.70 * P = $315. Solving this gives us the regular price of the electric guitar, which is $450.
Step-by-step explanation:
If a sign says that the price marked on all music equipment is at a discount for 30% off, and you buy an electric guitar for $315, we need to figure out the percent you actually pay and the regular price of the guitar.
Since the discount is 30%, you pay 100% - 30% = 70% of the regular price.
Let's call the regular price 'P'. The equation to find the regular price of the item after a 30% discount is:
0.70 * P = $315
To find the regular price 'P', we divide both sides of the equation by 0.70:
P = $315 / 0.70
P = $450
The regular price of the electric guitar before the discount was $450.