Question
A car company sold 200,000 vehicles in the year 2001. Then in 2002, the company had a 20% increase in sales followed by a 10% increase in 2003. How many vehicles did the company sell in 2003?
Answers
GPT-4o mini
To find out how many vehicles the car company sold in 2003, we can start with the sales figures from 2001 and then apply the percentage increases for 2002 and 2003.
1. **Start with the sales in 2001:**
The company sold 200,000 vehicles.
2. **Calculate the sales for 2002:**
The company had a 20% increase in sales.
To find the increase:
\[
\text{Increase for 2002} = 200,000 \times 0.20 = 40,000
\]
Thus, the sales for 2002 become:
\[
\text{Sales in 2002} = 200,000 + 40,000 = 240,000
\]
3. **Calculate the sales for 2003:**
The company had a 10% increase in sales in 2003.
To find the increase:
\[
\text{Increase for 2003} = 240,000 \times 0.10 = 24,000
\]
Thus, the sales for 2003 become:
\[
\text{Sales in 2003} = 240,000 + 24,000 = 264,000
\]
Therefore, the company sold **264,000 vehicles in 2003**.
1. **Start with the sales in 2001:**
The company sold 200,000 vehicles.
2. **Calculate the sales for 2002:**
The company had a 20% increase in sales.
To find the increase:
\[
\text{Increase for 2002} = 200,000 \times 0.20 = 40,000
\]
Thus, the sales for 2002 become:
\[
\text{Sales in 2002} = 200,000 + 40,000 = 240,000
\]
3. **Calculate the sales for 2003:**
The company had a 10% increase in sales in 2003.
To find the increase:
\[
\text{Increase for 2003} = 240,000 \times 0.10 = 24,000
\]
Thus, the sales for 2003 become:
\[
\text{Sales in 2003} = 240,000 + 24,000 = 264,000
\]
Therefore, the company sold **264,000 vehicles in 2003**.