document.write( "Question 1013209: the rate of tax on a house is 7.5% of assessed value. the assessed value is 80% of the market value.if the tax on a certain house is $12,000, what is its market value? \n" ); document.write( "
Algebra.Com's Answer #629515 by fractalier(6550)\"\" \"About 
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Call x the market value of the house...then we have
\n" ); document.write( "(.075)(.80)x = 12000
\n" ); document.write( "x = 12000 / (.075)(.8) = $200,000
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