GRE Question of the Day (March 11)

Math

For each home in town X, the amount of property tax is p percent of the value of the home. The property tax on a home whose value is $ 45,000 is $ 1,200

Quantity A	Quantity B
The property tax on a home in Town X whose value is $ 54,000	$ 1,300

A)The quantity in Column A is greater.
B)The quantity in Column B is greater.
C)The two quantities are equal.
D)The relationship cannot be determined from the information given.

Correct Answer - A - (click and drag your mouse to see the answer)

Question Discussion & Explanation