A government employee is relocated to a new region of the country and purchases a new home. The purchase price of the house is $87,250. Taxes to be paid on this house include: county tax of $424 per year, town tax of $783 per year, and school tax of $466 every six months. The aggregate tax rate is 13.2% of assessed value. The assessed value of this house is what percent of the purchase price?

🎲 Try a Random Question  |  Total Questions in Quiz: 17  |  🧠 Study this quiz with Flashcards
This question is part of a full practice quiz:
Special Agent Exam: Quantitative Reasoning / Arithmetic Reasoning Practice Test 2 — practice the complete quiz, review flashcards, or try a random question.


A government employee is relocated to a new region of the country and purchases a new home. The purchase price of the house is $87,250. Taxes to be paid on this house include: county tax of $424 per year, town tax of $783 per year, and school tax of $466 every six months. The aggregate tax rate is 13.2% of assessed value. The assessed value of this house is what percent of the purchase price?






ADVERTISEMENT