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Farm Tax is levied on the 60% of the cultivated Land

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gmatash
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Farm Tax is levied on the 60% of the cultivated Land [#permalink] New post   29 Jul 2016, 08:53
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53% (02:35) correct 47% (02:39) wrong based on 129 sessions
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Farm Tax is levied on the 60% of the cultivated Land. The tax department collected total $ 3840 through the farm Tax from the village of Mr. willam. Mr. willam paid only $ 480 as farm tax. The percentage of total land of Mr. willam over the total taxable land of the village is :

A)15%
B)25%
C)0.125%
D)0.2083%
E)none
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E
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SouthCity
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Re: Farm Tax is levied on the 60% of the cultivated Land [#permalink] New post   29 Jul 2016, 09:44
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gmatash wrote:
Farm Tax is levied on the 60% of the cultivated Land. The tax department collected total $ 3840 through the farm Tax from the village of Mr. willam. Mr. willam paid only $ 480 as farm tax. The percentage of total land of Mr. willam over the total taxable land of the village is :

A)15%
B)25%
C)0.125%
D)0.2083%
E)none


Only trick n this question is to ignore 60% information as farm tax is levied uniformly in the village and that includes Mr William's land.

What percentage of tax Mr William paid ? This will be equal to the percentage of total cultivated land he holds over the total cultivated land in the village. That leads to (480/3840)x100 =12.5%in percentage terms.

But the question asks ratio between his total land to total cultivated land. Hence the answer is 12.5%x (100/60) = 20.833% and the answer is not there in the options.

The correct answer is (E).

-South City
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Re: Farm Tax is levied on the 60% of the cultivated Land [#permalink] New post   22 Oct 2016, 05:03
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Re: Farm Tax is levied on the 60% of the cultivated Land [#permalink] New post   22 Oct 2016, 10:45
gauravk wrote:
Bumping for further discussion.

As requested -
Quote:
Tax is levied on the 60% of the cultivated Land. The tax department collected total $ 3840 through the farm Tax from the village

and
Quote:
Mr. willam paid only $ 480 as farm tax.

So, 60% of Cultivated Land of Mr. willam = 480

100% of Cultivated Land of Mr. willam = 480/60*100 => 800
Quote:
The percentage of total land of Mr. willam over the total taxable land of the village is :

=800/3840*100 = 20.83%

Hence answer will be none (E)

Hope this helps !!
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Re: Farm Tax is levied on the 60% of the cultivated Land [#permalink] New post   07 Oct 2023, 02:25
Hello from the GMAT Club BumpBot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

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Re: Farm Tax is levied on the 60% of the cultivated Land [#permalink]
07 Oct 2023, 02:25
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