If you sell a lot that measures 75 feet by 145 feet, what part of an acre does it represent?

Prepare for the PSI Oklahoma Real Estate Test with flashcards and multiple choice questions, all equipped with hints and explanations. Master the material and pass your exam confidently!

To determine what part of an acre the lot represents, first, you need to calculate the area of the lot in square feet. The area is obtained by multiplying the length by the width:

Area = Length × Width
Area = 75 feet × 145 feet

Area = 10,875 square feet

Next, it’s helpful to remember the conversion factor for acres. One acre is equivalent to 43,560 square feet. To find out how many acres the lot measures, you divide the area of the lot by the number of square feet in an acre:

Acres = Area of the lot / Square feet in an acre
Acres = 10,875 square feet / 43,560 square feet per acre
Acres ≈ 0.2495 acres

Since this fraction of an acre is very close to 1/4 acre, we round 0.2495 to the nearest common fractional representation. Therefore, a lot measuring 75 feet by 145 feet is approximately 1/4 acre.

This matches the answer provided, indicating that the response is correct based on the calculations performed.

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