How much is the cost of a lot 8,500 square meters at P1,500,000 hectares? A lot 450 meters long and 150 meters wide at the same price?
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Given : Price P1,500,000 per hectare
To Find : cost of a lot 8,500 square meters
cost of A lot 450 meters long and 150 meters wide at the same price
Solution:
1 hectare = 10000 sq m
1 hectare cost = P1,500,000
=> 10000 sq m cost = P1,500,000
=> 1 sq m cost = P1,500,000/10000
=> 1 sq m cost = P1,50
=> 8,500 sq m cost = 8500 * 150 P
= 12,75,000 P
450 meters long and 150 meters wide
Area = 450 x 150 = 67,500 sq m
1 sq m cost = P1,50
=> 67,500 sq m cost = 67500 x 150 P
= 1,01,25,000 P
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