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Homework answers / question archive / If a piece of property is assessed at $12,625 under a fractional practice of 65 percent, what is the sale value of the property? 

If a piece of property is assessed at $12,625 under a fractional practice of 65 percent, what is the sale value of the property? 

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If a piece of property is assessed at $12,625 under a fractional practice of 65 percent, what is the sale value of the property? 

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Computation of the sale value of the property:-

Sale value of property = $12,625 / 65%

= $19,423.0.8

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