Before beginning a fundraiser, Lindsey estimated that the fundraiser would earn $500. She sold 114 raffle tickets at $5 each for the fundraiser, actually earning $5x144=$570 for the fundraiser. What was the percent error in Lindsey’s estimate? Round to the nearest tenth of a percent, if necessary. A.12.3% B.14% C.70% D.77.2%
If you would like to know what was the percent error in Lindsey's estimate, you can calculate this using the following steps: x% of $500 is $570 x% * 500 = 570 x/100 * 500 = 570 x * 5 = 570 /5 x = 570 / 5 x = 114% 114% - 100% = 14% The correct result would be B. 14%.