Real Estate Math
A house has 1,800 square feet of living space and sold for $270,000. What is the price per square foot?
A$140
B$145
C$150✓ Correct
D$155
Explanation
Price per square foot = Sale price ÷ Square footage. $270,000 ÷ 1,800 = $150 per square foot. Using the values given ($270,000), apply the appropriate formula.. The correct answer is $150.. This is a common calculation on the Oklahoma real estate exam.
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