Edna bought two adjacent lots. Lot A is 50 x 100 and Lot B is 100 x 100. If she sells them for $2,800 per front foot, how much will Edna get if she sells all three for her asking price?

Study for the Arizona Real Estate Exam. Boost your knowledge with flashcards and multiple choice questions with explanations. Be exam-ready with our comprehensive review!

To determine how much Edna will receive from the sale of her lots, it's essential to first calculate the total frontage of both Lot A and Lot B.

Lot A has dimensions of 50 feet in width and 100 feet in depth. Lot B has dimensions of 100 feet in width and 100 feet in depth. Since both lots are adjacent, the total combined frontage when selling them is the sum of their widths.

Calculating the total frontage:

  • Lot A contributes 50 feet.
  • Lot B contributes 100 feet.

Adding these together gives: 50 feet + 100 feet = 150 feet of total frontage.

With the offered price of $2,800 per front foot, the total sale price can be calculated by multiplying the total frontage by the price per front foot: 150 feet x $2,800 = $420,000.

This shows that when Edna sells both Lots A and B for the given price, she will receive $420,000. This aligns with the correct answer choice, which confirms the calculation.

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