help with past hsc question (1 Viewer)

[sally_33]

i cant figure out how to get the right answer for this question.. i know its probably staring me in the face though! can someone please help:

its Question 4 (multiple choice) from the 2002 HSC

thanks

 

[Atutor]

The total payable is determined by adding the residential rate and the waste mgt charge ($195).

The residential rate is charged at 0.272950 cents in every dollar of the rateable value.

0.272950 cents in every dollar is equal to 0.00272950 dollars in every dollar.

Therefore, for every dollar of rateable value the customer must pay 0.00272950 dollars. The rateable value given is $377 000.

Multiply 0.00272950 by $377 000

= $1029.0215

Now just add the residential rate calculated with the waste charge and you get
$1224.02 (rounded to nearest cent).

 

[PC]

C!

Residential AMOUNT = 377000 x 0.272950 = 102902.15 cents = $1029.0215
Waste Charge = $195 (given)

TOTAL = $1029.02 + $195 = $1224.02