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For the month of February, Mr. Johnson budgeted $350 for groceries. He actually spent $427.53 on groceries. What is the approximate percent error in Mr. Johnson’s budget?

Please could you explain this??? with an answer I really need it.


Sagot :

Answer:

To calculate percentage error, you subtract the actual number from the estimated number to find the error. Then, you divide the error in absolute value by the actual number in absolute value. This gives you the error in a decimal format. From there, you can multiply by 100% to find the percentage error.

350-427.53=77.53(absolute value)

77.53 divided by 427.53=18.13

18.13%

Hope This Helps!!!

Answer:

22.15%

Step-by-step explanation:

--> [tex]\frac{427.53 }{350 } *100[/tex]

-->122.15%

122.15%-100%

=22.15% wrong or spent more than the budget