PSI Oklahoma Real Estate Practice Test

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Prepare for the Oklahoma Real Estate Test. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

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If you sell a lot that measures 75 feet by 145 feet, what part of an acre does it represent?

1/2 acre
1/4 acre
1/8 acre
1/10 acre

The correct answer is: 1/4 acre

To determine what part of an acre the lot represents, first, you need to calculate the area of the lot in square feet. The area is obtained by multiplying the length by the width: Area = Length × Width Area = 75 feet × 145 feet Area = 10,875 square feet Next, it’s helpful to remember the conversion factor for acres. One acre is equivalent to 43,560 square feet. To find out how many acres the lot measures, you divide the area of the lot by the number of square feet in an acre: Acres = Area of the lot / Square feet in an acre Acres = 10,875 square feet / 43,560 square feet per acre Acres ≈ 0.2495 acres Since this fraction of an acre is very close to 1/4 acre, we round 0.2495 to the nearest common fractional representation. Therefore, a lot measuring 75 feet by 145 feet is approximately 1/4 acre. This matches the answer provided, indicating that the response is correct based on the calculations performed.