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In San Francisco, the tax on a property assessed at $900,000 is $10,800. If tax rates are proportional in this city, how much would the tax be on a property assessed at $430,000?

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Answer:

This problem can be solved using the Proportionality concept, the following mathematical equation can be constructed for the problem statement:

[tex]\begin{gathered} \frac{T_1}{P_1}=\frac{T_2}{P_2} \\ \\ \\ \therefore\Rightarrow \\ \\ \\ \frac{\$10,800}{\$900,000}=\frac{T_2}{\$430,000} \\ \\ \\ \\ T_2=\$430,000\times\frac{\operatorname{\$}10,800}{\operatorname{\$}900,000}=\$5,160 \\ \\ \\ T_2=\$5,160 \end{gathered}[/tex]

Therefore the tax on that property is $5,160.

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