Answer: The correct option is (A) 121.25 feet.
Step-by-step explanation: Given that a parking lot is 272.5 feet long and 151.25 feet wide.
We are to find how much longer is the lot than it is wide.
Let, 'l' and 'w' be the length and width of the parking lot.
Then, l = 272.5 feet and w = 151.25 feet.
We have,

Therefore, the length is 121.25 feet longer than the width.
Thus, (A) is the correct option.