Real Estate Math

A rectangular commercial lot is 200 feet wide and 400 feet deep. It sells for $12 per square foot. What is the total sale price?

A$720,000

B$840,000

C$960,000✓ Correct

D$1,200,000

Explanation

Area = 200 ft × 400 ft = 80,000 sq ft. Sale price = 80,000 × $12 = $960,000.

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