Question

The yax property with an assessed value of $90.0000 is $1,200 . What is the assessed value of property if the tax is $2,200

Answer 1

$165,000

Explanation:

Ratio problem:

`(value)/(tax)` =
`(90,000)/(1200)`

let x = assessed property value

let tax = $ 2,200

`(x)/(2200)` =
`(90000)/(1200)`

cross multiply

1200x = 198000000

x = 165,000