The Solution:
The correct answer is 206.9 square centimeters.
Let the two concentric circles be represented as below:
We are required to find the area of the ring between the two concentric circles.
Step 1:
We shall find the radii of both concentric circles by using the formula below:

In this case,
For the smaller circle: radius (r) and circumference = 55cm.

Dividing both sides by 2 pi, we have

For the bigger circle: radius (R) and circumference = 75cm.

Solving for R, we get

Step 2:
We shall the required area by using the formula below:

In this case,
![\begin{gathered} r=8.7535\operatorname{cm} \\ R=11.9366\operatorname{cm} \end{gathered}]()
Substituting these values in the formula above, we get

Therefore, the correct answer is 206.9 square centimeters.