Author Question: Budget planners for a certain community have determined that 9,235,400 will be required to provide ... (Read 55 times)

viki · **on:** Jun 24, 2018

Budget planners for a certain community have determined that 9,235,400 will be required to provide all government services next year. The total assessed property value in the community is 122,500,000. What tax rate is required to meet the budgetary demands? (Express your answer as a tax rate per 100 and round to the nearest hundredth)
A) 7.49
B) 7.54
C) 7.11
D) 7.59

Question 2

If the markup of a product is twice its cost, what is the percent of markup on this product based on its selling price to the nearest percent?
A) 67
B) 63
C) 33
D) 25