Ron is taking an inventory at his store. Based on previous sales, he predicted sales of 25 folders and 230 erasers. He actually sold 30 folders and 200 erasers. What is the percent error for the erasers?

Question
Answer:
Answer: There is 15% error for the erasersStep-by-step explanation:Since we have given thatNumber of folders he predicted = 25Number of erasers he predicted = 230Total number of inventories he predicted is given by[tex]230+25=255[/tex]Number of erasers he actually sold = 200Number of folders he actually sold = 30Total number of inventories he actually sold is given by[tex]200+30=230[/tex]Error in estimation is given by[tex]230-200=30[/tex]Percentage of error for the erasers only  [tex]\frac{30}{200}\times 100\\\\=\frac{30}{2}\\\\=15\%[/tex]Hence, there is 15% error for the erasers.
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general 9 months ago 6858