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12 Jul 2018, 01:30
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Steve's property tax is $140 less than Patricia's property tax. If Steve's property tax is$1,960, then Steve's property tax is what percent less than Patricia's property tax, to the nearest 0.1 percent?

A. 6.7%

B. 7.1%

C. 7.5%

D. 7.9%

E. 8.3%

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Steve's property tax is $140 less than Patricia's property tax. If Ste [#permalink] ### Show Tags 12 Jul 2018, 02:39 Bunuel wrote: Steve's property tax is$140 less than Patricia's property tax. If Steve's property tax is $1,960, then Steve's property tax is what percent less than Patricia's property tax, to the nearest 0.1 percent? A. 6.7% B. 7.1% C. 7.5% D. 7.9% E. 8.3% Given: Steve's property tax is$1960.

Let Patricia's property tax be $$P$$. Now, Steve's property is $140 less than Patricia's property tax and is, therefore, $$P - 140$$. $$P - 140 = 1960$$ -> $$P = 1960 + 140 = 2100$$ Therefore, Steve' property tax is $$\frac{140}{2100} * 100 =$$ 6.7%(Option A) less than Patricia's property tax. _________________ You've got what it takes, but it will take everything you've got Intern Joined: 11 Jul 2018 Posts: 19 Re: Steve's property tax is$140 less than Patricia's property tax. If Ste  [#permalink]

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12 Jul 2018, 03:06
Difference = $140 Steve's property tax is$1,960
Patricia's property tax = $1960 +$140 = $2100 % Compared to Patricia's tax = ($140/$2100) * 100 = (20/300)*100 = (1/15)*100 = 100/15 = 6.66 Nearest 0.1 Approximation = 6.7 Answer A VP Joined: 31 Oct 2013 Posts: 1393 Concentration: Accounting, Finance GPA: 3.68 WE: Analyst (Accounting) Re: Steve's property tax is$140 less than Patricia's property tax. If Ste  [#permalink]

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12 Jul 2018, 16:24
Bunuel wrote:
Steve's property tax is $140 less than Patricia's property tax. If Steve's property tax is$1,960, then Steve's property tax is what percent less than Patricia's property tax, to the nearest 0.1 percent?

A. 6.7%

B. 7.1%

C. 7.5%

D. 7.9%

E. 8.3%

Given

Steven's tax = Patricia's tax - $140$1960 + $140 = Patricia's tax Patricia's tax =$2100

Required % = ($140 /$2100) * 100
= 6.7 %

It means that Steven's tax is 6.7 % less than Patricia's tax.

Option A is the best answer.