I know that for a fixed perimeter, the shape that encloses the greatest area is a circle, and the rectangle that encloses the greatest area is a square. Sadly, I don't know how to prove it to you without Calculus.
If you'll take my assertion that the greatest rectangle is a square, and accept it on faith, then you should use your 160-yd of fence to enclose a square with 40-yd sides. The area inside it is (40 x 40) = <em><u>1600 square yards</u></em><u>.</u>
Here are some other choices. Each one has the same perimeter ... 160 yards. This table kind of suggests to you that a square is the rectangle with the greatest area. (But it doesn't prove it.)
With the same 160-yd of fence, you could have squeezed in some more area by setting the fence down in a circle with circumference = 160-yd. The area inside the circle would be
To optimize the area, the shape should be a square. Clearly, with 160 yards of fencing, the square will have side-length 160/4=40 yards. Therefore, the area will be 40*40=1600 yards.