Question

the property tax on a house os .9818 per $100. find the annual property tax on a house valued at $250,000

Answer 1

Given :

the property tax on a house is 0.9818 per $100.

if the value of the house = $250,000, the tax = x

So,

$\begin{gathered} 0.9818\colon100=x\colon250000 \\ \\ \frac{0.9818}{100}=\frac{x}{250000} \end{gathered}$

solve for x :

$x=250000\cdot\frac{0.9818}{100}=2454.5$

so, the answer is : the annual tax = $2,454.5