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Math Help - Consumer Math help... :(

  1. #1
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    Question Consumer Math help... :(

    I am homeschooling and I have just got into Consumer Math and ive been reading through my books but cant find anything to really help me on this question and one like it, here it is:

    Q:John and Mary Billings own a condo with an assessed value of $110,000. If the tax rate is 25 mills per $1.00 of assessed valuation, how much tax do they pay?

    Its multiple choice and the choices are:
    A.$2,750 B.$1,840 C.$1,420 and D.$1,200

    All help is very appreciated.
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  2. #2
    Super Member malaygoel's Avatar
    Joined
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    Quote Originally Posted by valth66 View Post
    I am homeschooling and I have just got into Consumer Math and ive been reading through my books but cant find anything to really help me on this question and one like it, here it is:

    Q:John and Mary Billings own a condo with an assessed value of $110,000. If the tax rate is 25 mills per $1.00 of assessed valuation, how much tax do they pay?

    Its multiple choice and the choices are:
    A.$2,750 B.$1,840 C.$1,420 and D.$1,200

    All help is very appreciated.
    1 mill is a thousandth part of a dollar.
    hence the tax rate is $25/1000 per $1.
    Total assessed value is $110000...hence total tax is
    \frac{25}{1000}.110000=2750

    Keep Smiling
    Malay
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  3. #3
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    Thanks for the help
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