The owners of a house that is assessed at $\$120,\!000$ pay $\$3,\!000$ in taxes. At the same rate, what is the tax, in dollars, for a house

Hi Guest,

 

We can use ratios to solve this problem.

 

3000 / 120,000 is 1 / 40

 

So the ratio is 1 : 40

 

Now the problem asks for house assessed at 160,000

 

We solve:

 

160,000 / 40 = 4000

 

The tax for a house assessed at 160,000 is $4000.00