In Township K each property is taxed at 10 percent of its assessed value. If the assessed value of a property in Township K is increased from $20,000 to $28,000, by how much will the property tax increase? Choose the correct answer
A) $ 800  B) $ 1000  C) $ 600  D) $ 400  E) $ 500

Rationale: increase in house value = $ 28,000 - $ 20,000 = $ 8000 so , tax increase = 10 % of $ 8000 = $ 800 answer : a
Answer: A