To calculate the Lot Coverage (LC):
\[ LC = \frac{BA}{LA} \times 100 \]
Where:
Lot coverage is a term used in real estate to describe the ratio or percentage of a lot area that is covered by building area. The maximum lot coverage shouldn’t exceed 100% often. In cases where they do, that means buildings are extended onto other lots.
Let's assume the following values:
Using the formula:
\[ LC = \frac{2000}{10000} \times 100 = 20 \% \]
The Lot Coverage is 20%.
Let's assume the following values:
Using the formula:
\[ LC = \frac{3500}{7000} \times 100 = 50 \% \]
The Lot Coverage is 50%.