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10 December, 17:03

A 4-bedroom, 4-bath 4,875 square feet house was listed at $445,000. Andreas, the seller, accepted an offer that was 95% of the listing price. What price per square foot did he get for the house

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  1. 10 December, 17:21
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    Answer: He gets $86.71 per square foot

    Step-by-step explanation:

    Hi, to answer this question we have to analyze the information given:

    Area = 4,875 square feet

    Price = $445,000

    First, we have to divide the price of the house by the area, to obtain the price per square foot:

    Mathematically speaking:

    $445,000 / 4,875 square feet = $91.2 per square foot (original price)

    Now we have to multiply it by the offer in decimal form (95/100 = 0.95)

    $91.2 x 0.95 = 86.71 per square foot

    He gets $86.71 per square foot.

    Feel free to ask for more if needed or if you did not understand something.
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