Question

in tacoma the tax on a property assessed at $360,000 is $7,920. if tax rates are proportional in this city how much would the tax be on a property assessed at $930,000?

Answer 1

Set up the direct proportion:


`\frac{\$360,000 \text{ assessed}}{\$7,920 \text{ tax}} = \frac{\$930,000 \text{ assessed}}{\$x \text{ tax}}`

Cross multiply (you can reduce first if you prefer):


`360,000x=7,365,600,000`

Divide both sides by 360,000 to isolate x:


`x=20,460`

You're paying $20,460 in tax on that $930,000 house.