Real Estate Math
A lot measuring 150 feet × 200 feet is for sale at $3.50 per square foot. What is the listing price?
A$95,000
B$100,000
C$105,000✓ Correct
D$110,000
Explanation
Area: 150 × 200 = 30,000 sq ft. Price: 30,000 × $3.50 = $105,000. Using the values given ($3.50), apply the appropriate formula.. The correct answer is $105,000.. This is a common calculation on the Oregon real estate exam.
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