Shea's mother wanted to get him a doctor's bag for a graduation present. She thought it would cost $125, but the actual cost was $95.99 . What is the

percent error between her estimate and the actual cost?

Verified Answer :

so percent error=\(\frac{|actual value-predicted value|}{predicted value}\) times 100
note: |x| means absolute value of x means makes it positive

predicted value=125
actual value=95.99
subaitute
\(\frac{|95.99-125|}{125}\) times 100=\(\frac{|-29.01|}{125}\) times 100=\(\frac{29.01}{125}\) times 100=\(\frac{2901|}{125}\)=23.208 or about 23%

the answer is 23%