Question

Assume concert ticket prices are 125% of what they used to be. If they used to be $30 how much are they now

Answer 1

Explanation:

Given,

Old price, x = $30

New price = 125% of x

so new price = $30 * 125%

= $30 * (125/100)

= $30*1.25

= $37.5

Hence, concert ticket prices are $37.5 now