To calculate the percent error using the formula:
\[ \text{Percent Error} = \left( \frac{\text{Estimate} - \text{Actual}}{\text{Actual}} \right) \times 100 \]
Substituting the given values (Estimate = 492, Actual = 600):
\[ \text{Percent Error} = \left( \frac{492 - 600}{600} \right) \times 100 \]
Calculating the difference:
\[ 492 - 600 = -108 \]
Now substitute back into the formula:
\[ \text{Percent Error} = \left( \frac{-108}{600} \right) \times 100 \]
Calculating the division:
\[ \frac{-108}{600} = -0.18 \]
Now multiply by 100 to find the percent:
\[ -0.18 \times 100 = -18% \]
Since percent error is typically expressed as a positive value:
\[ \text{Percent Error} = 18% \]
Thus, the percent error of Demarco's estimate is 18%.