Florida Real Estate Broker ExaminationReal Estate CalculationsEasy
A developer is planning to build a rectangular building on a lot that measures 150 feet by 200 feet. The building will occupy 60% of the lot's area. What is the square footage of the building?
- A30,000 sq ft
- B12,000 sq ft
- C18,000 sq ft
- D24,000 sq ft
Show answer & explanationAnswer & explanation
Correct answer: C. 18,000 sq ft
First, calculate the total area of the lot by multiplying its length and width. Then, calculate 60% of that total area to find the building's square footage.
Why the other options are wrong
- A. This is the total area of the lot, not the building's area.
- B. This might result from a calculation error or using an incorrect percentage.
- D. This could be a result of multiplying the dimensions by 0.8 instead of 0.6, or other miscalculations.
Building Area Calculation
Determining the square footage a building will occupy on a lot, often expressed as a percentage of the total lot area.
- Requires lot dimensions.
- Involves percentage calculation.
- Yields usable building footprint.
Memory trick: Lot first, then percentage makes the building.