Question

In Portland, the tax on a property assessed at $430,000 is $6,020. If tax rates are proportional in this city,how much would the tax be on a property assessed at $500,000?Choose the proportion you would use to solve the problem.

Answer 1

Given:

Tax on a property assessed at $430000 = $6020

Let's find the tax on a property assessed at $500,000.

Since the tax rates are proportional, let's find the constant of proportionality, K:

`(430000)/(6020)=(500000)/(x)`