A developer buys 392,040 square feet of land at $0.75 per square foot and divides the land

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A developer buys 392,040 square feet of land at $0.75 per square foot and divides the land into half-acre lots. If the developer keeps three lots and sells the others for $25,000 each, what percentage of profit does the developer realize?

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14%

30%

28%

75%

Related Book For answer-question

Statistics For Business Decision Making And Analysis

ISBN: 9780321890269

2nd Edition

Authors: Robert Stine, Dean Foster

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Posted Date: Dec 05, 2022 06:21 AM

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A developer buys 392,040 square feet of land at $0.75 per square foot and divides the land

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1 One acre 43560 square foot 392040 square feet 392040 43560 9 ACRES N... View the full answer

Statistics For Business Decision Making And Analysis

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