Heart Lake Developments sold four lakefront lots for $31 ,500 per hectare. If the sizes of the lots in hectares were 1 5 3 5— 3— 4—, and 2— respectively, what was the total sales revenue for the four lots?
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Given : Heart Lake Developments sold four lakefront lots for $31 ,500 per hectare.
Sizes were : 5 1/2, 2 4/5, 2 3/4 and 4 1/3
To Find : total sales revenue for the four lots
Solution :
Sizes were : 5 1/2, 2 4/5, 2 3/4 and 4 1/3
= 11/2 , 14/5 , 11/4 , 13/3
Total size = 11/2 + 14/5 + 11/4 + 13/3
= ( 330 + 168 + 165 + 260 )/60
= 923/60 hectare
total sales revenue for the four lots = 31 ,500 * 923/60
= 4,84,575 $
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