The price of a basketball ticket was $75 last year. Since the Nets signed Kyrie Irving, James Harden, and Kevin Durant, the price of a ticket has increased to $97.50. Find the percent of change for buying a ticket. * A. 70% markdown B. 23.1% markup C. 22.5 % markup D. 30% markup

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.4: The Percent Equation
Problem 1E
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The price of a basketball ticket was $75 last year. Since the Nets signed Kyrie Irving, James Harden, and Kevin Durant, the price of a ticket has increased to $97.50. Find the percent of change for buying a ticket. *

A. 70% markdown
B. 23.1% markup
C. 22.5 % markup
D. 30% markup

Expert Solution
Step 1

Price of ticket was $75 

New price $97.50

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