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?
A. 8%
B. 15%
C. 20%
D. 25%
D. 25%
To calculate the percent increase, you first need to find the difference in price between last week and this week:
$75.00 - $60.00 = $15.00
Next, to find the percent increase, you divide the difference by the original price and then multiply by 100:
($15.00/$60.00) x 100 = 25%
Therefore, the percent increase of the ticket from last week to this week is 25%.