Question

I recently had work done on my car. The estimate was $234.78 but the actual was $365.99.

What is the relative error in the estimate?

Round to 2 decimal places.

Answer 1

35.85%

Explanation:

first, find the difference between the real value and the estimated value:

365.99 - 234.78 = 131.21

now divide the difference by the real value:

131.21 / 365.99 = 0.358507

now multiply 0.358507 by 100 to get a percentage, then round to 2 decimals:

35.85%