Question

There are 4 areas of land for sale. Land 1 has 502 acres and Land 2 has 206 acres. Cattle use to stay on Land 3 and pigs on Land 4. A rancher is looking to buy some land for his horses and cattle. Land 3 has 213 acres and is right next to Land 1. Land 1 and 4 are next to each other and are worth $1,100 an acre. Land 4 has 450 acres. Land 2 and 3 are $1,250 an acre. Taxes are already included in the price per acre. The rancher owns 11 horses and 28 cattle and wants at least 500 acres. The rancher wants to buy 2 sets of land for under $1,000,000 and the lands must be next to each other. What is the price for the cheaper sets of land?

Answer 1

Answer: $818,450.

Step-by-step explanation:

given data:

land 1 = 502 acres.

land 2 = 206 acres.

land 3 = 213 acres.

land 4 = 450 acres.

cost of land 1 & 4 = $1,100/acre

cost of land 2&3 = $1,250/acre.

Cost of Each land;

land 1 = $1100 x 502 acres

= $552,200

Land 2 = $1250 x 206 acres

= $257,500

Land 3 = $1250 x 213 acres

= $266,250

Land 4 = $1100 x 450 acres

= $495,000.

Land 1 and 3 are right next to each other

= $552,200 + $266,250

= $818,450.

the price for the cheaper set of land is $818,450. Which is land 1 and 3