Real Estate Math
A 30,000 square foot lot is what fraction of an acre? (1 acre = 43,560 sq ft)
A0.52 acres
B0.69 acres✓ Correct
C0.75 acres
D0.89 acres
Explanation
Acres = Square feet ÷ 43,560. 30,000 ÷ 43,560 = 0.689, approximately 0.69 acres. Remember: 1 acre = 43,560 square feet. Multiply or divide as needed to convert between units.. The correct answer is 0.69 acres.. This is a common calculation on the Oklahoma real estate exam.
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