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The property taxes on a house were $1140. What was the tax rate if the house was valued at $190,000? Follow the problem-solvingprocess and round your answer to the nearest hundredth of a percent, if necessary.

Respuesta :

Okay, here we have this:

Considering the provided information we obtain that:

$1140 is x%

$190,000 is 100%

So, here we have the following proportion:

[tex]\frac{190000}{1140}=\frac{100}{x}[/tex]

Now, let's solve for x:

[tex]\begin{gathered} x=\frac{1140\cdot100}{190000} \\ x=\frac{114000}{190000} \\ x=\frac{3}{5} \\ x=0.6 \end{gathered}[/tex]

Finally we obtain that the tax rate was 0.6%.

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