Question

Before beginning a fundraiser, Lindsey estimated that the fundraiser would earn $500. She sold 114 raffle tickets at $5 each for the fundraiser, actually earning $5 • 114 = $570 for the fundraiser. What was the percent error in Lindsey’s estimate? Round to the nearest tenth of a percent, if necessary. A. 12.3% B. 14% C. 70% D. 77.2%

Answer 1

Help please, I'll medal and fan!!

Answer 2

The answer would be B. 14%

Take 570 - 500 = 70

Do 70/500 * (100) to get percentage

So we get 0.14 * 100 = 14% which is B.

Answer 3

Percent error is the difference between the actual value and the real value divided by the real value and multiply by 100. So to make this easier:

\[\frac{ \left| actual-(measured/guessed/calculated) \right| }{ real value }\]

Answer 4

He's wrong its 12.3%

Answer 5

amberosales is correct it is 12.3% for new comers to this question