In 2009 the property tax on each home in Town X was p% 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 $2500. Quantity A: The property tax in 2009 on a ho....
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Property tax = p% (where p is a constant)
Property tax of a property worth $125000 in 2009 = $2500
to get p
2500= p/100*125000
250000=125000p
p=250000/125000
p=2%
Quantity A = The property tax in 2009 on a home in town X that had an assessed value of $160000
Quantity A = p%* value
Quantity A = 2/100 * 160000
Quantity A = $3,200
Quantity B = $3,000
Quantity A > Quantity B
Answer: Quantity A is greater (A)