6 lots can be created
Solution:
Given that neighborhood development that is 4 acres is to be divided into [tex]\frac{2}{3}[/tex]acre lots
To find: number of lots created
From given information,
Total acres = 4
one lot = [tex]\frac{2}{3} \text{ acres }[/tex]
So number of lots created can be found by dividing the total acres by acre of 1 lot
Thus the formula is:
[tex]\text{ Number of lots } = \frac{\text{ total acres }}{\text{ acre of 1 lot }}[/tex]
Substituting the values we get,
[tex]\text{Number of lots } = \frac{4}{\frac{2}{3}} = 4 \times \frac{3}{2} = 6[/tex]
Thus 6 lots can be created
