What is the selling price of a 1.75 acre lot at 40 cents per square foot?

What is the selling price of a 1.75 acre lot at 40 cents per square foot?

• A. $17,424
• B. $21,780
• C. $30,492
• D. $76,230

Answer: (C)

To find the selling price of a 1.75-acre lot at 40 cents per square foot, you first need to convert acres into square feet. One acre is equal to 43,560 square feet. Therefore, to find the total number of square feet in 1.75 acres, you multiply: 1.75 acres × 43,560 square feet/acre = 76,230 square feet. Next, multiply the total number of square feet by the price per square foot: 76,230 square feet × $0.40/square foot = $30,492. Hence, the correct selling price of the lot is $30,492. This calculation accurately reflects how to convert acre measurements to square feet and then compute the total price based on the square footage and unit price.

To find the selling price of a 1.75-acre lot at 40 cents per square foot, you first need to convert acres into square feet. One acre is equal to 43,560 square feet. Therefore, to find the total number of square feet in 1.75 acres, you multiply:

1.75 acres × 43,560 square feet/acre = 76,230 square feet.

Next, multiply the total number of square feet by the price per square foot:

76,230 square feet × $0.40/square foot = $30,492.

Hence, the correct selling price of the lot is $30,492. This calculation accurately reflects how to convert acre measurements to square feet and then compute the total price based on the square footage and unit price.