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In San Francisco, the tax on a property assessed at $900,000 is $10,800. If tax rates are proportional in this city, how much would the tax be on a property assessed at $430,000?
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28 votes
28 votes
In San Francisco, the tax on a property assessed at $900,000 is $10,800. If tax rates are proportional in this city, how much would the tax be on a property assessed at $430,000?

User Derian
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1 Answer

8 votes
8 votes

Answer:

This problem can be solved using the Proportionality concept, the following mathematical equation can be constructed for the problem statement:


\begin{gathered} (T_1)/(P_1)=(T_2)/(P_2) \\ \\ \\ \therefore\Rightarrow \\ \\ \\ (\$10,800)/(\$900,000)=(T_2)/(\$430,000) \\ \\ \\ \\ T_2=\$430,000*\frac{\operatorname{\$}10,800}{\operatorname{\$}900,000}=\$5,160 \\ \\ \\ T_2=\$5,160 \end{gathered}

Therefore the tax on that property is $5,160.

User Krishna Pal
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