SOLUTION: Mr.Sanchez paid $300 taxes on his lot , which was valued at $16,000. at the same rate , what is the value of Mr.Munoz's lot , if he paid $468.75 in taxes ?
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Question 216468: Mr.Sanchez paid $300 taxes on his lot , which was valued at $16,000. at the same rate , what is the value of Mr.Munoz's lot , if he paid $468.75 in taxes ?
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
300/16000:468.75/x
300x=7500000
x=$25,000
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