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Steve's property tax is $140 less than Patricia's property t

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Steve's property tax is $140 less than Patricia's property t [#permalink] New post 27 Nov 2017, 13:08
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Steve's property tax is $140 less than Patricia's property tax. If Steve's property tax is $1,960, then Steve's property tax is what percent less than Patricia's property tax, to the nearest 0.1 percent?

A. 6.7%

B. 7.1%

C. 7.5%

D. 7.9%

E. 8.3%
[Reveal] Spoiler: OA

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Re: Steve's property tax is $140 less than Patricia's property t [#permalink] New post 27 Nov 2017, 13:10
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Explanation

Steve PT are 1960

Patricia PT are 2100.

We need the % difference: \(\frac{2100 - 1960}{2100} = \frac{140}{2100} = 6.66666\)

A is the answer
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Word Problem [#permalink] New post 26 Mar 2019, 07:45
Steve`s property tax is $140 less than Patricia`s property tax. If Steve`s property tax is $1,960, then Steve`s property tax is what percent less than Patricia`s property tax, to the nearest 0.1 percent?
A 6.7%

B 7.1%

C 7.5%

D 7.9%

E 8.3%
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Re: Steve's property tax is $140 less than Patricia's property t [#permalink] New post 18 May 2020, 09:23
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Carcass wrote:


Steve's property tax is $140 less than Patricia's property tax. If Steve's property tax is $1,960, then Steve's property tax is what percent less than Patricia's property tax, to the nearest 0.1 percent?

A. 6.7%

B. 7.1%

C. 7.5%

D. 7.9%

E. 8.3%


$1960 + $140 = some number greater than $2000 (that's as precise as we need to be)

So, Patricia's tax is more than $2000, which we'll denote as $2000+

The percent difference = $140/$2000+ (we must convert this fraction to a percent)

We know that 140/2000 = 14/200 = 7/100 = 7%

So, $140/$2000+ = some value that's less than 7%

Answer: A

Cheers,
Brent
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Re: Steve's property tax is $140 less than Patricia's property t   [#permalink] 18 May 2020, 09:23
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