Each lot is 75*110=8250 square feet in area. The cost of each lot is 8250feet^{2}*$20/feet^{2}=$165000
If each lot is sold for $200000, then the difference between cost and sale is the profit,
P=$200000$165000=$35000
The percent from the lot cost is
35000/165000*100≈21.2%
If you calculate the percent from the sale amount, you will get 17.5%
9/9/2013

Kirill Z.
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