Question

A site is 412 feet X 619 feet. It sold for $180,000. What did it sell for per square foot

Answer 1

$0.706

Explanation:

1. Calculate 412x619, to find area of site, =255,028.

2. Now divide 255,028 by 180,000 to find what 1 square foot cost, equalling $0.706 per square foot.

To visualize:
`(255028)/(180000)` =
`(1)/(x)` cross multiply 180,000 and 1; and 255,028 with x

Now you are left with 255,028x= 180000

Divide 255,028 on both sides to isolate x and then you get 0.706.