The calculation made isn't correct, because, the denominator should be the actual amount spent which is $10 and not $90
We can state the percentage error formula thus :
(|Expected - Actual| ÷ Actual) × 100%
This means that the percentage error expression should be written thus :
( |$100 − $10| ÷ $10) × 100%
(90 / 10) × 100% = 900%
Therefore, the calculation written above is incorrect.
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