Farm Tax is levied on the 60% of the cultivated Land.
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 $ 500 as farm tax. The percentage of total land of Mr. willam over the total taxable land of the village is :
Answer/Solution
21.7014%
Steps/Work
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 (500/3840)x100 =13.02083%in percentage terms.
But the question asks ratio between his total land to total cultivated land. Hence the answer is 13.02083%x (100/60) = 21.7014% and the answer is not there in the options.
The correct answer is (D).
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 (500/3840)x100 =13.02083%in percentage terms.
But the question asks ratio between his total land to total cultivated land. Hence the answer is 13.02083%x (100/60) = 21.7014% and the answer is not there in the options.
The correct answer is (D).