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25 October, 14:28

A property was assessed at 25% of value with a tax rate of $12 per hundred. if the taxes totaled $11,400, what was the value? 1 $95,000

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  1. 25 October, 14:57
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    11400 : 12 = 950 hundreds

    95000 x 100/25 = $380,000 <= = value of the property
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