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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]  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.

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

_________________
Founder
Joined: 18 Apr 2015
Posts: 7395
Followers: 124

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

Re: In 2009 the property tax on each home in Town X was p percen [#permalink]  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 $$A$$
_________________
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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