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The property taxes on a house were $600. What was the tax rate if the house was valued at $100,000? Follow the problem solving and round your answer to the nearest hundredth of a percent, if necessary.

Sagot :

abiolataiwo2015

Based on the information given the tax rate if the house was valued at $100,000 is 60%.

Let $600= x%

Let $100,000=100%

Let the tax rate=x

Proportion:

600/100,000=x/100

Hence,

x=600×100/100,000

x=60,000/100,000

x=60/100

x=0.6%×100

x=60%

Inconclusion  the tax rate if the house was valued at $100,000 is 60%.

Learn more about tax rate here:https://brainly.com/question/9437038

anthougo

The tax rate of a house valued at $100,000 with a property tax of $600 is 0.6%. or $6 per $1,000 of property value.

What is property tax?

The property tax is the levy imposed on the assessed value of the property of an individual or corporation.

Property tax is usually levied as a percentage of the assessed value.

Data and Calculations:

Property tax = $600

House value - $100,000

Tax rate = 0.6% ($600/$100,000 x 100)

Thus, the tax rate of a house valued at $100,000 with a property tax of $600 is 0.6%. or $6 per $1,000 of property value.

Learn more about property tax at https://brainly.com/question/5428406

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