Question

In Atlanta, the tax on a property assessed at $840,000 is $16,800. If tax rates are proportional in thiscity, how much would the tax be on a property assessed at $1,000,000?

Answer 1

Given the information on the problem, we can write the following proportions:

`(16800)/(840000)=(x)/(1000000)`

solving for x, we get:

`\begin{gathered} (x)/(1000000)=(16800)/(840000) \\ \Rightarrow x=(1000000\cdot16800)/(840000)=20000 \\ x=20000 \end{gathered}`

therefore, the tax is $20,000