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A lot costs $300,000. It is 100 feet wide and 150 feet deep. How much is the price per square foot?

Correct Answer

D) $20 per square foot

Area = 100 × 150 = 15,000 sq ft. Price per sq ft = $300,000 ÷ 15,000 = $20

Answer Options
A
$3 per square foot
B
$8 per square foot
C
$10 per square foot
D
$20 per square foot
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