Question

Farmer Emmet used to own 2,300 acres of farmland. However, he recently sold 28% of his farm to a residential developer.

3. How many acres does he have left?


2. How many acres did he sell?


3.If he sold each acre for $50,000, then how much did the developer pay him?

Answer 1

9514 1404 393

Answer:

1. 1656 acres left
2. 644 acres sold
3. $32,200,000

Explanation:

1. The number of acres sold is ...

28% × 2300 = 0.28 × 2300 = 644

Then the number of acres Emmet has left will be ...

2300 -644 = 1656 . . . acres left

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2. Emmet sold 644 acres.

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3. At $50,000 per acre, the value of the land sold was ...

$50,000 × 644 = $32,200,000 . . . . paid by the developer