B-2 Math

How many acres in each of the following? a. 50 ft X 20 yards b. 60 rods X 430 ft c. 195 ft X 190 ft, 6 in

.069, 9.77, .85

A property sells for $500 per acre. The property is 440 yards by 1,320 feet. What did it sell for?

20,000

What is the square foot area of each of the following? a. 80 ft, 8 in X 60 ft. b. 98 ft, 8 in X 112 ft

4,839.96, 11,050.59

A parcel is 332 feet X 469 feet and costs $125 per front foot (the first dimension, 332 feet, is front footage). What is the total cost of the parcel?

41,500

A lot is 326'8" x 200'. It is sold, and the price is $5000 per acre. What is the sales price?

7,500

A lot is 150' x 180'. 25% is for building and the state buys 15% of the depth. How many square feet remain? a. 16,200 b. 13,600 c. 4,050 d. 7,060

a

You bought 20 acres for $5000 per acre. You built 25 houses at $50,000 each and spent $200,000 on improvements. How much should you charge per house if you want a 25% profit? a. $77,500 b. $72,500 c. $70,000 d. $69,500

a

You bought 4.5 acres. You need to give up 71,020 sq. ft. for roads and easements. How many 50 X 100 foot lots can you obtain? a. 25 b. 37 c. 36 d. 28

a

You have a one-half acre parcel that is 75 feet wide. How deep is the parcel? a. 290 feet b. 311 feet c. 580 feet d. 325 feet

a

You buy land for $28,000 and build a $250,000 house. You want a 5% profit on the land and a 30% profit on the house. What is the asking price? a. $353,000 b. $354,400 c. $360,000 d. $365,000

b

You have a parcel that is 240 X 1,000 feet. You must give up 5% for utilities, then 30% for streets and then 10% of the remainder for vacant land. How many 5000-square-foot lots will you have? a. 31.2 b. 28.7 c. 34 d. 25

b

A parcel is 4.3 acres in size. The buyer paid $65,000 for 1 acre, and $5,000/acre for the remaining site. What was the total purchase price? a. $279,000 b. $214,500 c. $81,500 d. $86,500

c

How many acres are in a parcel 350 X 900 feet? a. 5.9 b. 6.8 c. 7.2 d. 9.1

c

X offers to sell a 500 foot by 435.6 foot lot for $0.80 per square foot. Z makes an offer of $15,000 per acre. How much less will Z pay if his offer is accepted? a. $70,000 b. $75,000 c. $86,000 d. $99,240

d

You bought 8.5 acres for $64,000. You spent $20,000 for improvements and now want a profit of 20%. How much should you charge for each half-acre lot? a. $5,089 b. $5,176 c. $5,694 d. $5,929

d