Answer:
wag copyahin ito kapag may makikita kayong ganito <p> <\p>
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To solve this problem, we need to:
1. Convert the land area from square meters to square feet.
2. Calculate the real estate tax using the given tax rate per square foot.
### Step 1: Conversion from Square Meters to Square Feet
1 square meter = 10.7639 square feet.
Given:
[tex]\[ \text{Area} = 555 \, \text{square meters} \][/tex]
Converting to square feet:
[tex]\[ 555 \, \text{m}^2 \times 10.7639 \, \frac{\text{ft}^2}{\text{m}^2} = 5977.5645 \, \text{ft}^2 \][/tex]
### Step 2: Calculating the Real Estate Tax
The land tax rate is 2 pesos per square foot.
Given:
[tex]\[ \text{Tax rate} = 2 \, \text{pesos/ft}^2 \][/tex]
Calculating the tax:
[tex]\[ \text{Tax} = 5977.5645 \, \text{ft}^2 \times 2 \, \text{pesos/ft}^2 \]
\[ \text{Tax} = 11955.129 \, \text{pesos} \][/tex]
So, the amount of real estate tax the businessman has to pay is 11955.129 pesos
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