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Real estate business

Real estate business

Now that the real estate boom in the purchase of farmland is growing, we will tell you how a real estate speculator got off one day at the wrong station and in the couple of hours he had while waiting for the next train he made an express business.

He bought a piece of land for $ 243, divided it into lots and made his August selling all lots back to their original owners at $ 18 a lot, making a profit on the total equal to the original purchase price of those six lots.

How many lots did you buy at Villa Boom?

Solution

There were 18 lots, which were bought at $ 13.50 per lot and sold at $ 18, making a profit of $ 81, which is the cost of 6 lots.