Question

A one year lease for apartment "A" cost $450 per month. A one year lease for apartment "B" cost $525 per month. Which apartment offers the greater value in terms of the cost per square foot?

Apartment "A" is 720 square feet
Apartment "B" is 768 square feet

Answer 1

To find the cost per square foot of A you take $450/720ft to get $0.63 per foot and then for B oyu take $525/768ft to get $0.68 per foot so A is cheaper than B