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Real Estate Math Practice Test Preview

This mixed test makes you identify the formula before calculating. Results are grouped by formula family and every solution shows the setup, units, working, error type, and repair lesson. Answer this 5-question public preview here, then continue the complete experience in Pass Georgia.

Facts checked against the current PSI Candidate Information Bulletin and GREC sources.

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1 / 5Study mode: Real Estate Calculations

A rectangular parcel measures 220 feet by 396 feet. How many acres does it contain?

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34% of the real exam is Georgia law. 52 of 152 questions.

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All 5 questions and explanations

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For a useful score, finish the test above before opening these answers. These are original practice questions based on published topics and sources.

1. A rectangular parcel measures 220 feet by 396 feet. How many acres does it contain?Real Estate Calculations. Open choices and explanation.
  1. A.0.03 acres
  2. B.2 acres
  3. C.18 acres
  4. D.20 acres

Answer B: 2 acres

Multiply length by width for square feet: 220 x 396 = 87,120. Then divide by 43,560 square feet per acre, which gives exactly 2 acres.

Why each choice works or fails

  • A. Wrong. Uses the 1,232-foot perimeter instead of the area.
  • B. Correct. 87,120 / 43,560 = 2 acres.
  • C. Wrong. Divides by 4,840, the square yards in an acre.
  • D. Wrong. Divides by 4,356, a dropped digit from 43,560.

Work it through

  1. 220 x 396 = 87,120 square feet
  2. 87,120 / 43,560 = 2 acres

Rule to remember: Find square feet first, then divide by 43,560.

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2. In a non-leap year, closing is April 1 and the buyer owns closing day. How many days are allocated to the seller from January 1?Real Estate Calculations. Open choices and explanation.
  1. A.89
  2. B.90
  3. C.91
  4. D.275

Answer B: 90

Count actual days: January 31, February 28, and March 31 make 90 seller days. April 1 is closing day and the buyer owns it, so it is not added.

Why each choice works or fails

  • A. Wrong. Drops one day of March.
  • B. Correct. 31 + 28 + 31 = 90.
  • C. Wrong. Also gives April 1 to the seller.
  • D. Wrong. 275 is the buyer's days, not the seller's.

Work it through

  1. January 31 + February 28 + March 31
  2. Seller days = 90

Rule to remember: Count actual days and assign closing day exactly once.

Read the topic outlineStudy the related lessonBack to question index
3. A borrower has a $252,000 loan on a property valued at $315,000. What is the loan-to-value ratio?Real Estate Calculations. Open choices and explanation.
  1. A.20%
  2. B.25%
  3. C.80%
  4. D.125%

Answer C: 80%

LTV is the loan divided by the value: $252,000 / $315,000 = 0.80, or 80 percent. Always put the loan on top; the value on top gives 125 percent.

Why each choice works or fails

  • A. Wrong. 20% is the $63,000 down payment share of value, not LTV.
  • B. Wrong. 25% divides the $63,000 down payment by the loan.
  • C. Correct. $252,000 / $315,000 = 80%.
  • D. Wrong. 125% reverses the ratio: value over loan.

Work it through

  1. $252,000 / $315,000 = 0.80
  2. 0.80 x 100 = 80%

Rule to remember: LTV equals loan divided by value.

Read the topic outlineStudy the related lessonBack to question index
4. A home with a $250,000 fair market value is assessed at 40 percent, and the millage rate is 30 mills. What is the annual tax?Real Estate Calculations. Open choices and explanation.
  1. A.$300
  2. B.$3,000
  3. C.$7,500
  4. D.$30,000

Answer B: $3,000

Assessed value is $250,000 x 0.40 = $100,000. A mill is $1 per $1,000, so 30 mills is 0.030. $100,000 x 0.030 = $3,000.

Why each choice works or fails

  • A. Treats 30 mills as 0.0030, one decimal place too far left.
  • B. Correct. $100,000 assessed x 0.030 = $3,000.
  • C. Applies the millage to full market value instead of the 40 percent assessment.
  • D. Treats 30 mills as 0.30, confusing mills with a percentage.

Work it through

  1. $250,000 x 0.40 = $100,000 assessed value
  2. 30 mills = 0.030
  3. $100,000 x 0.030 = $3,000

Rule to remember: Georgia tax: fair market value x 40% = assessed value, then x millage (mills / 1,000).

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5. What is the nominal acreage in the W 1/2 of the SE 1/4 of a standard section?Real Estate Calculations. Open choices and explanation.
  1. A.40 acres
  2. B.80 acres
  3. C.160 acres
  4. D.320 acres

Answer B: 80 acres

A quarter section is 160 acres, and one-half of it is 80 acres.

Why each choice works or fails

  • A. Wrong. Divides by 4 twice, as if it were a quarter of a quarter.
  • B. Correct. 640 / 4 / 2 = 80 acres.
  • C. Wrong. Stops at the quarter section.
  • D. Wrong. Applies only the 1/2 to the whole section.

Work it through

  1. 640 / 4 = 160 acres
  2. 160 / 2 = 80 acres

Rule to remember: Start with 640 acres and apply every aliquot fraction.

Read the topic outlineStudy the related lessonBack to question index

What does this assessment cover?

PSI assigns 7% of the 100-question national portion to Real Estate Calculations and places Finance and Closing in a 15-item Georgia group. PSI does not publish one combined math-question count.
Question coverage in this assessment
Official content areaPublished weightQuestions hereComplete lesson
Real Estate Calculations7% of the national portion5Study Calculations

The Georgia-specific distinction

Georgia calculations add state tax bases, fractional statutory units, the assessment ratio, and closing conventions. The question must supply any proration basis or counting convention needed for a unique result.

Worked result example

If your arithmetic is right but you calculated points from price instead of loan, classify the miss as wrong base. Repeating the same arithmetic will not fix a setup error.

Common exam traps

  • Starting arithmetic before naming the requested value.
  • Using the wrong base.
  • Mixing periods or units.
  • Rounding an intermediate figure too early.

Ready to move on?

  1. Score the set before opening notes.
  2. Explain the winning rule without repeating the answer choice.
  3. Classify every miss as knowledge, distinction, wording, math setup, or timing.
  4. Repair the weakest official area, then answer a fresh set on another day.
  5. Move on only when the result is stable and guesses are being marked as gaps.

Recommended next lesson

Open the complete mixed math drill. Use the result above to choose the first lesson or drill rather than following a generic order.

Assessment integrity

The questions are original and mapped to the current PSI outline. This preview introduces the assessment; the complete version is in Pass Georgia. PSI says practice exams help candidates become familiar with general question types, but they do not replace education and a good practice score does not guarantee an examination outcome. This page reports evidence, not a pass probability.

About this practice set

Facts checked against the current PSI Candidate Information Bulletin and GREC sources.

Are these actual PSI exam questions?

No. Every item is original, written from the current published outline and primary sources. No question is copied, recalled, reconstructed, or represented as a live PSI item.

Does this score predict whether I will pass?

No. One practice result is evidence about this question sample. Use the area breakdown, review guesses as well as misses, and confirm improvement with fresh questions on another day.

What should I do after the result?

Open the explanation for every miss and guess, restate the rule, use the linked repair lesson, then continue with the next lesson: Open the complete mixed math drill.

Is the assessment free?

Yes. This 5-question preview has no email gate, account requirement, or card. The complete assessment, saved mastery, spaced review, and adaptive recommendations are in Pass Georgia.