Answer to Question #120628 in Financial Math for Sherry

Question

Departments A, B, and C occupy floor space of 40 m2
, 80 m2
, and 300 m
respectively. If the total rental for the space is $25 200 per month, how much rent
should Department B pay?

Answer 1

Total floor space = (40+80+300) m²

Total floor space = 420m²

Rate (for 1m²) = $25,200 / 420m²

Rate (for 1m²) =$60/m²

Rent for Department B

1m² = $60

80m² - ?

Rent = ($60*80m²)/1m²

Rent = $4,800