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Property in Wells County is assessed at $240,000,000. The taxes to be raised are $11,640,000. What is the tax rate?

Property in Wells County is assessed at $240,000,000. The taxes to be raised are $11,640,000. What is the tax rate?
asked 227k views
1 vote
Property in Wells County is assessed at $240,000,000. The taxes to be raised are $11,640,000. What is the tax rate?

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User TerrorAustralis
by
8.4k points

2 Answers

1 vote
.0485 = 4.85% tax rate
Taxes / price = rate x 100
answered
User Manu Sharma
by
7.5k points
1 vote
.0485 = 4.85% tax rate
Taxes / price = rate x 100
answered
User TobyU
by
8.6k points
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