Victor estimates that he will spend $175 on new video games. He actually spent $225. What is the percent error?

Question

Calculating percent error

Answer 1

I'm tempted to say 100% error because of my extreme dislike of computer games, which I regard as addictive and counter to the kind of mental and physical development that I believe participation in team sports that were prevalent during my youth.

 

But mathematically, the $50 overage (excess over estimate) is 50/175 = 0.285714... or about 28.6%