Yu Yan planned to buy a new truck. She expected to pay $25,500. She negotiated the price so that the final cost was $21,800. Calculate the percent error. (1 point)

14.5%

-179%

O 17%

0.1697%

2 answers

To calculate the percent error, you can use the formula:

Percent Error = (|Observed Value - Expected Value| / Expected Value) * 100%

In this case, the observed value is $21,800 and the expected value is $25,500.

Percent Error = (|21800 - 25500| / 25500) * 100%
= (3700 / 25500) * 100%
= 0.144 * 100%
= 14.4%

Therefore, the percent error is 14.4%.
17%