Real Estate Math
A rectangular lot measures 150 feet wide and 200 feet deep. A buyer pays $12 per square foot. What is the purchase price?
A$360,000✓ Correct
B$300,000
C$420,000
D$180,000
Explanation
Area = 150 ft × 200 ft = 30,000 sq ft. Price = 30,000 × $12 = $360,000.
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