Sales for a business were 3 million dollars more the second year than the first, and sales for the third year were double the sales for the second year. If sales for the third year were 38 million dollars, what were sales, in millions of dollars, for the first year?

A16
B17.5
C20.5
D22
E35

"In general business operations, sales refer to any transactions where money or value is exchanged for the ownership of a good or entitlement to a service."

Given,

The sales for the third year is 38 million dollars.

Let the sales for the first year be x

and the sales for the second year be y

So, x+3 = y;

Sales for the third year = \(\ 2(x+3)\)

\(\38 = 2(y)38 = 2(x+3)\)

i.e. x = 16

Hence, option A is correct.

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Sales for a business were 3 million dollars more the second year than the first, and sales for the third year were double the sales for the second year. If sales for the third year were 38 million dollars, what were sales, in millions of dollars, for the first year? A16B17.5C20.5D22E35

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What are sales ?

Related Questions

Sales for a business were 3 million dollars more the second year than the first, and sales for the third year were double the sales for the second year. If sales for the third year were 38 million dollars, what were sales, in millions of dollars, for the first year?

A16
B17.5
C20.5
D22
E35