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A lot with dimensions 140 ft by 75 ft is to be sold for 6900 What is the price per acre?
Wiki User
∙ 14y ago
1 acre = 43,560 square ft
area = L W = (140 x 75 / 43,560) acre
Unit Price = 6,900 / (acres) = 6,900 / (140 x 75 / 43,560) = (6,900 x 43,560) / (140 x 75) = $28,625.14 per acre.
Wiki User
∙ 14y ago
First, calculate the area in square feet: 140 ft * 75 ft = 10,500 sq ft. Then convert the area to acres by dividing by 43,560 sq ft (1 acre). 10,500 sq ft / 43,560 sq ft = 0.24 acres. Finally, divide the total price by the area in acres to find the price per acre: $6,900 / 0.24 acres ≈ $28,750 per acre.
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