Math Problem Statement

The table below shows the total development costs and amount of land required for different sized houses.

Size of house

1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom 5 Bedroom Total development cost £210,000 £280,000 £345,000 £425,000 £495,000 Land area (square metres) 50 70 84 94 118 People (per square metre) 0.0400 0.0429 0.0476 0.0532 0.0508 Profit on a new build house is 27%.

Weston has a population of 14,300, which is expected to grow 4% every year for the next three years. Planning assumption: number of people living in a house = number of bedrooms + 1.

What is the largest number of people that can be housed on an area of land 200 metres long and 250 metres wide?

Solution

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Math Problem Analysis

Mathematical Concepts

Area Calculation
Division
Multiplication
Population Growth

Formulas

Total land area = length × width
Number of houses = total land area / land area per house
Total people = number of houses × (bedrooms + 1)
Projected population = initial population × (1 + growth rate)^years

Theorems

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Suitable Grade Level

Grades 9-12