Question

in Dallas the tax property assessed at $310,000 is $6,510. If tax rates are proportional in this city, how much would the tax be on a property at $910,000?

Answer 1

Given:

a.) The tax property assessed at $310,000 is $6,510

To be able to determine the tax rate on a $910,000 property, we will be applying ratios and proportions.

We get,

`\text{ \$310,00 : \$6,510 = \$910,00 : x}`

Where,

x = the tax rate

`\text{ \$310,00 : \$6,510 = \$910,00 : x}`
`\text{ }\frac{\text{ \$310,000}}{\text{ \$}6,510}\text{ = }\frac{\text{ \$910,000}}{x}`
`\text{ x = }\frac{\text{ (\$910,000)(\$6,510)}}{\text{ \$310,000}}`
`\text{ x = \$19,110}`

Therefore, the tax rate on the $910,000 property is $19,110.