PSI Oklahoma Real Estate Practice Test

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Prepare for the PSI Oklahoma Real Estate Test. Use flashcards and multiple choice questions with hints and explanations. Excel on your exam!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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A lot measuring 170 feet by 300 feet equals how many acres?

1.10 acres
1.17 acres
1.25 acres
1.50 acres

The correct answer is: 1.17 acres

To determine how many acres a lot measuring 170 feet by 300 feet covers, it's essential first to calculate the area in square feet. The area can be found by multiplying the length by the width: Area = Length × Width Area = 170 feet × 300 feet Area = 51,000 square feet. Next, to convert square feet into acres, it's important to know that one acre is equivalent to 43,560 square feet. Therefore, the conversion to acres can be done by dividing the total area in square feet by the number of square feet in an acre: Acres = Area in square feet ÷ 43,560 square feet per acre Acres = 51,000 square feet ÷ 43,560 square feet per acre Acres ≈ 1.17 acres. This calculation confirms that the lot measuring 170 feet by 300 feet equals approximately 1.17 acres. This precise understanding of area conversion is crucial in real estate, as it helps agents and buyers comprehend property sizes in the more universal measurement of acres.