Question

13) The tax on a property with an assessedvalue of $65.000 is S725. Find theproperty tax on a property with anassessed value of $100.000Type answer here

Answer 1

The tax for $65,000 property is $725. let us calculate it percentage

x % = percentage tax

`\begin{gathered} (x)/(100)*65000=725 \\ (65000x)/(100)=725 \\ 650x=725 \\ x=(725)/(650) \\ x=1.11538461538\text{ \%} \end{gathered}`

Therefore, the tax for 100,000 will be

`(1.11538461538)/(100)*100000=\text{ \$}1115.38461538`

The tax = $1115