Question 7
Ratio, Percentages and RatesA sales boy gave a change of ₦68 instead of ₦72. Calculate his percentage error.
- A.4%
- B.5 5/9 %
- C.5 15/17 %
- D.7%
Show the answer and explanation
Answer: B (5 5/9 %)
Explanation
Error = 72 − 68 = ₦4. Percentage error = error ÷ true value × 100% = 4/72 × 100% = 5 5/9 %.