How many lots can be created from an area of 4,356,000 square feet if each lot is 21,780 square feet?

Study for the Magnolia Real Estate State Exam. Sharpen your skills with flashcards and multiple-choice questions; each question offers hints and explanations. Prepare to excel in your exam!

To determine how many lots can be created from a total area of 4,356,000 square feet when each lot measures 21,780 square feet, you perform a simple division to find the number of lots possible.

First, divide the total area by the size of each individual lot:

4,356,000 square feet ÷ 21,780 square feet per lot = 200 lots.

This calculation shows that you can create 200 lots from the given area, making this the correct answer.

Additionally, other options suggest different quantities that do not align with the accurate division, as they would either fall short of or exceed the total area when multiplied back by the size of each lot. Thus, understanding the division process confirms that the calculation leading to 200 is indeed the correct interpretation of how many lots can be formed from the specified area.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy