Final answer:
The approximate cost per square foot for the two lots is $2 when rounded to the nearest whole dollar, after calculating the total area of the lots and dividing the total cost by this area. The correct option is B.
Step-by-step explanation:
To find the approximate cost per square foot for two lots each measuring 75 feet wide by 105 feet long that cost $30,000 in total, we first calculate the total area of the two lots combined. We then divide the total cost by the total area to find the cost per square foot.
The area of one lot is 75 feet × 105 feet = 7,875 square feet. Since there are two lots, we multiply this area by 2, which gives us a total area of 15,750 square feet.
Now, to find the cost per square foot, we divide the total cost by the total area:
$30,000 ÷ 15,750 square feet = $1.90 per square foot (approximately)
However, since we are looking for an approximate cost and the options provided are whole dollars, we round $1.90 to the nearest whole dollar. Thus, the approximate cost per square foot is $2.