Question 8
Ratio, Percentages and RatesA boy estimated his transport fare for a journey as N190 instead of N200. Find the percentage error in his estimate.
- A.95%
- B.47.5%
- C.5.26%
- D.5%
Show the answer and explanation
Answer: D (5%)
Explanation
Error = 10; as a percentage of the actual fare, 10/200 × 100% = 5%.