Question

It costs Hometown Stadium $1,000 each to lease 1,000-space parking lots from local businesses. How much will it cost to lease enough lots to accommodate an overflow of 13,687 vehicles? a) $10,000 b) $11,000 c) $14,000 d) $15,000

Answer 1

Option C is correct.

Parking space on lease for parking =1000

Cost of this lease = $1000

Number of vehicles to be accommodated = 13687

Since 13687 vehicles will fit in 14 1000-space parking lots we have:

$14\times1000=14000$

Hence $14000 will be the cost to lease enough lots to accommodate an overflow of 13,687 vehicles.