Real Estate Math
A Missouri developer subdivides 100 acres into half-acre lots. After deducting 15% for roads and common areas, how many lots can be created?
A170 lots✓ Correct
B200 lots
C85 lots
D190 lots
Explanation
Usable land = 100 acres × (1 − 15%) = 85 acres. Lots = 85 ÷ 0.5 = 170 lots. Remember: 1 acre = 43,560 square feet. Multiply or divide as needed to convert between units.. The correct answer is 170 lots.. This is a common calculation on the Missouri real estate exam.
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