To calculate the percent error, we can use the formula:
\[ \text{Percent Error} = \left( \frac{\text{Estimated Value} - \text{Actual Value}}{\text{Estimated Value}} \right) \times 100 \]
In this case, the estimated value is 60 minutes and the actual value is 53 minutes.
First, we'll find the difference between the estimated and actual values:
\[ \text{Difference} = 60 - 53 = 7 \text{ minutes} \]
Now, plug this difference into the percent error formula:
\[ \text{Percent Error} = \left( \frac{7}{60} \right) \times 100 \]
Calculating that gives:
\[ \text{Percent Error} = \left( 0.1167 \right) \times 100 \approx 11.67 \]
Rounding to the nearest tenth, the percent error is:
\[ \text{Percent Error} \approx 11.7% \]
So, the percent error is approximately 11.7%.