Final answer:
To determine the area of a lot in square feet with a total price of $27,000 and a cost of $9 per square foot, divide the total price by the cost per square foot, resulting in 3,000 square feet.
Step-by-step explanation:
To find out how many square feet are contained in a lot that sells for $27,000 for $9 per square foot, you need to divide the total price by the price per square foot. The formula you would use is:
Area of lot (in square feet) = Total price / Price per square foot
Plugging in the values from the question:
Area of lot (in square feet) = $27,000 / $9 per square foot
This calculation will give you:
Area of lot (in square feet) = 3,000 square feet
Therefore, the lot contains 3,000 square feet.