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A developer was buying land. He bought 4 acres at $1,863 per acre. He then spilt the land he purchased into 9 lots. How much should he sell each lot for just to break even.
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A developer was buying land. He bought 4 acres at $1,863 per acre. He then spilt the land he purchased into 9 lots. How much should he sell each lot for just to break even.

User Nick Bauer
by
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1 Answer

2 votes

answer: 828$

Step-by-step explanation:

step 1

Find out the total cost of the land

Multiply the total area in acres by $1,863 per acre

step 2

we know that

To determine the selling price of each lot to reach break even, divide the total cost by the number of lots.

User The Blue Dog
by
6.3k points
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