A tract of land 80 feet wide and 175 feet deep sold for $4 per square foot, plus $12 for each front foot. What was the price of the land
$168,960
To determine the price of the land, we first calculate the area and then the total cost based on the given pricing structure. The tract of land is 80 feet wide and 175 feet deep, resulting in an area of 14,000 square feet, which is then multiplied by the price per square foot ($4), and we add the cost for the front footage ($12 per front foot for 80 feet).
This value reflects an incorrect calculation of the total land price. It could arise from miscalculating either the area or the cost per square foot without accounting for the front footage. Specifically, this figure does not incorporate the additional charge for the 80 front feet of the property.
This option also results from an erroneous calculation. It might stem from mistakenly applying only the per square foot price to the total area without adding the charge for the front footage. The front foot charge is a necessary component of the total price that must be included for an accurate total.
This choice likely arises from a miscalculation of the total price. While it appears close, it neglects to properly account for the additional $960 from the front foot cost (80 feet × $12), leading to a miscalculation of the total. The area cost alone would yield a lower total than actually required.
Correctly calculated, this total comes from the area cost of $56,000 (14,000 sq ft × $4/sq ft) plus the front footage cost of $960 (80 ft × $12/ft), yielding a grand total of $168,960. This figure reflects the complete pricing structure provided in the question.
The final price of the land is calculated by combining the cost of the area based on square footage with the additional cost for the front footage. This comprehensive calculation leads to a total of $168,960, ensuring all aspects of the pricing structure have been accounted for, while other options miscalculate either the area or omit essential charges.
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