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1)  Find the area of the rectangular lot:
    A = Length × Width
    A = (25.3 m) × (21.25m)
    A = 537.625 or 537.63 m²

2)  Divide the lot cost by the area:
     Php 1,000,000 ÷  537.63 m² = Php 1,860.015/m²
        or to the nearest peso: Php 1860/m²