Question #81737

a sales girl gave a change of 1.15 to a customer instead of 1.25. calculate her percentage error

Expert's answer

Answer on Question #81737 – Math – Quantitative Methods

Question

A sales girl gave a change of 1.15 to a customer instead of 1.25. Calculate her percentage error.

Solution

1) First find the error = 1.15 – 1.25 = –0.10. Calculating the error for this problem ignore any minus sign. Thus, the error is 0.10.

2) Divide the error by the actual change and then convert that to a percentage


0.101.25100%=8%\frac{0.10}{1.25} * 100\% = 8\%


Answer: the percentage error is 8%.

Answer provided by https://www.AssignmentExpert.com

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

LATEST TUTORIALS
APPROVED BY CLIENTS