Question

2. Mrs Imran owns two plots of equal worth. The property tax rate is 2%. If she paid Rs 15,000 as the property tax last year, what is the value of each plot owned by her ?
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Answer 1

Step-by-step explanation:

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Answer 2

Answer:

₹375000

Step-by-step explanation:

According to the question.

She paid ₹7500 on each plot.

Let the value be x.

2% of x = ₹7500

x =

$x = \frac{7500 \times 100}{2} = 375000$

That was quite simple.