Answer: He gets $86.71 per square foot
Step-by-step explanation:
Hi, to answer this question we have to analyze the information given:
<em>Area = 4,875 square feet
</em>
<em>Price = $445,000
</em>
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.
