Mr. Smith's tax on his house for a certain year
was $283.79. If the tax rate for that year was
$3.835 per $100 of assessed valuation, for what
amount was Mr. Smith's house assessed?​

Respuesta :

Step-by-step explanation:

283.79/3.835=74

100×74. =7400 dollars

Mr. Smith's house assessed for 7400 dollars

The valuation of Mr. Smith's house is $ 7400.

What is Valuation?

A valuation is a function on a field that provides a measure of size or multiplicity of elements of the field.

Here, Tax rate = $ 3.835 per $ 100

                        = 3.835 / 100

                        = 3.835 %

Tax paid by Mr. Smith = $ 283.79

let, the valuation of Mr. smith's House be $ x.

Now, according to question

 3.835 % of x = 283.79

   x = 283.79/3.835 %

   x = 283.79 / 0.03835

   x = $ 7400

Thus, the valuation of Mr. Smith's house is $ 7400.

Learn more about Valuation from:

https://brainly.com/question/16008101

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