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In 2009 the property tax on each home in Town X was p percen

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In 2009 the property tax on each home in Town X was p percen [#permalink] New post 30 Nov 2015, 02:32
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Question Stats:

90% (00:49) correct 9% (01:27) wrong based on 44 sessions
In 2009 the property tax on each home in Town X was p percent of the assessed value of the home, where p is a constant.
The property tax in 2009 on a home in Town X that had an assessed value of $125,000 was $2,500.

Quantity A
Quantity B
The property tax in 2009 on a home in Town X that had an assessed value of $160,000
$3,000


A)The quantity in Column A is greater.
B)The quantity in Column B is greater.
C)The two quantities are equal.
D)The relationship cannot be determined from the information given.

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Question: 3
Page: 146
Difficulty: easy
[Reveal] Spoiler: OA

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Founder
Founder
User avatar
Joined: 18 Apr 2015
Posts: 7395
Followers: 124

Kudos [?]: 1449 [0], given: 6602

CAT Tests
Re: In 2009 the property tax on each home in Town X was p percen [#permalink] New post 30 Nov 2015, 02:44
Expert's post
Solution

We need to find our variable \(p\)

Setting up a proportion \(2500=\frac{X}{100} * 125000\)\(=2% or 0.02\)

As for the 1° quantity we do have that : \(160000 * 0.02 = 3200\)

So the \(Q 1 > Q 2\)

The answer is \(A\)
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Re: In 2009 the property tax on each home in Town X was p percen   [#permalink] 30 Nov 2015, 02:44
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In 2009 the property tax on each home in Town X was p percen

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