Question

A plot of land is valued at $18,000.Land tax is charged at the rate of 0.70 per $100. What is the total amount of tax paid for the land?

Answer 1

Answer:

The total amount of tax paid for the land was $126

Step-by-step explanation:

Proportions

The land tax charged is 0.7 per each $100 of the land value. For easy calculations, we find the ratio or proportion to be applied to the value of the land as:

0.7 / 100 =0.007

This factor can be used to obtain the tax charged for a given value of the land.

The plot of land of the question is valued at $18,000.

The tax charged is, then:

0.007*18,000 = 126

The total amount of tax paid for the land was $126