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what is the answer and solutions

What Is The Answer And Solutions class=

Sagot :

Answer:

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To solve this problem, we need to:

1. Convert the land area from square meters to square feet.

2. Calculate the real estate tax using the given tax rate per square foot.

### Step 1: Conversion from Square Meters to Square Feet

1 square meter = 10.7639 square feet.

Given:

[tex]\[ \text{Area} = 555 \, \text{square meters} \][/tex]

Converting to square feet:

[tex]\[ 555 \, \text{m}^2 \times 10.7639 \, \frac{\text{ft}^2}{\text{m}^2} = 5977.5645 \, \text{ft}^2 \][/tex]

### Step 2: Calculating the Real Estate Tax

The land tax rate is 2 pesos per square foot.

Given:

[tex]\[ \text{Tax rate} = 2 \, \text{pesos/ft}^2 \][/tex]

Calculating the tax:

[tex]\[ \text{Tax} = 5977.5645 \, \text{ft}^2 \times 2 \, \text{pesos/ft}^2 \]

\[ \text{Tax} = 11955.129 \, \text{pesos} \][/tex]

So, the amount of real estate tax the businessman has to pay is 11955.129 pesos

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