Farm Tax is levied on the 75% of the cultivated Land. The tax department collected total $ 3840 through the farm Tax from the village of Mr. william. Mr. william paid only $ 480 as farm tax. The percentage of total land of Mr. willam over the total taxable land of the village is :  Choose the correct choice from the following options
A) 15 %
B) 25 %
C) 0.125 %
D) 0.2083 %
E) 16.667 %

Rationale: "this will be equal to the percentage of total cultivated land he holds over the total cultivated land in the village . that leads to ( 480 / 3840 ) x 100 = 12.5 % in percentage terms . but the question asks ratio between his total land to total cultivated land . hence the answer is 12.5 % x ( 100 / 75 ) = 16.667 % the correct answer is ( e ) ."
Answer: E