Real Estate Math
A Mississippi land developer buys 50 acres at $8,000/acre and plans to subdivide into 1/4-acre lots. After losing 20% to roads, utilities, and green space, how many lots are available to sell?
A160✓ Correct
B140
C150
D120
Explanation
Total lots without deduction = 50 ÷ 0.25 = 200.
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