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:The percentage increase of the tickets from last week to this week = 25%          Step-by-step explanation:Given as :The cost of concert tickets last week = $60.00The cost of concert tickets this week = $75.00 Let The percentage increase if tickets from last week to this week = x%   x = [tex]\frac{final value - initial value}{initial value}[/tex] × 100 Or, x = [tex]\frac{$ 75 - $ 60}{$ 60}[/tex] × 100 Or, x = [tex]\frac{$ 15}{$ 60}[/tex] × 100 Or, x = [tex]\frac{$ 1500}{$ 60}[/tex] = 25 %Hence The percentage increase of the tickets from last week to this week = 25%          Answer