Answer:
The area in square meter is 412,500 square meters
the price per square meter is 500 pesos per square meter
Step-by-step explanation:
Firstly, let us get the measure of the dimensions in meters
Mathematically, 1000 m = 1 km
Thus;
0.75 km = 0.75 * 1000 = 750 m
The area of a rectangle is the product of its side lengths
mathematically, we have this as;
550 * 750 = 412,500 square meters
To get the price per square meter, we have to divide the price of the whole plot by the area
So we have ;
(206,250,000) pesos / 412,500 square meters
= 500 pesos per square meter
