An accountant divides the total by 7 instead of multiplying by 9. What is the…
2025
An accountant divides the total by 7 instead of multiplying by 9. What is the percentage of error that creeps into the value ?
- A.
42.42%
- B.
84%
- C.
98.41%
- D.
25.41%
Attempted by 53 students.
Show answer & explanation
Correct answer: C
Solution: step-by-step
Let the original number be x. The correct operation (multiply by 9) gives the true value 9x.
The accountant instead divides by 7, giving the obtained value x/7.
Percentage error = (obtained − true) / true × 100% = (x/7 − 9x) / (9x) × 100%.
Compute the fraction: (1/7 − 9) / 9 = (1 − 63) / 63 = −62/63.
Thus percentage error = (−62/63) × 100% ≈ −98.4127%.
Answer: 98.41% (approximately).
Note: The negative sign indicates the accountant's value is smaller than the correct value; the magnitude of the error is 98.41%.