A developer was buying land. He bought 4 acres at $1,863 per acre. He then spilt the land he purchased into 9 lots. How much should he sell each lot for just to break even.

Question

asked Oct 9, 2020 190k views

1 Answer

asked Feb 18, 2020 178k views

Edo Post asked Feb 18, 2020

7.5k points

1 answer

0 votes

178k views

asked Jun 25, 2024 8.8k views

Ritesh Waghela asked Jun 25, 2024

7.3k points

1 answer

3 votes

8.8k views

asked Aug 19, 2018 72.6k views

Jvillian asked Aug 19, 2018

7.9k points

2 answers

1 vote

72.6k views

The Blue Dog · Answer 1 · 2020-10-15T04:48:08+0000

answer: 828$

Step-by-step explanation:

step 1

Find out the total cost of the land

Multiply the total area in acres by $1,863 per acre

step 2

we know that

To determine the selling price of each lot to reach break even, divide the total cost by the number of lots.