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| Math Central | Quandaries & Queries |
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Question from Rosalind: 90% of gross leaseable footage in the shopping center, being 394,577, excluding that square footage leased by major anchor tenants, being 284,747. Would you deduct the 284,747 from the 394,577, then multiply by the 90%. Or would you multiply the 394,577 by the 90%, then deduct the 284,747? |
Rosalind,
I assume that the gross leaseable square footage is the square footage that remains after excluding the major anchor tenants, that is 394,577 - 284,747 = 109,803 square feet. You say you want 90% of gross leaseable square footage so that's 90% of 109,803 which is 0.90 × 109,803 = 98,847 square feet.
Penny
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