The cost of a concert ticket last week was $60.00. This week a concert ticket is $75.00. What is the percent increase of the ticket from last week to this week?

Answer 1

To calculate the percent increase, we first need to find the difference between the two ticket prices:

$75.00 - $60.00 = $15.00

Next, we need to find the percent increase by dividing the difference by the original ticket price and then multiplying by 100:

($15.00 / $60.00) * 100 = 25%

Therefore, the ticket price increased by 25% from last week to this week.