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At the end of a year, a motor car compan...

At the end of a year, a motor car company announces that sales of a pickup are down by 43% for the year. If sales continue to decrease by 43% in each succeeding year, how long will it take for sales to decrease to zero?

A

1 year

B

2 year

C

3 year

D

More than 5 years

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AI Generated Solution

The correct Answer is:
To solve the problem of how long it will take for the sales of a pickup to decrease to zero when sales decrease by 43% each year, we can follow these steps: ### Step-by-Step Solution: 1. **Understanding the Initial Condition**: - Let's assume the initial sales of the pickup trucks are 100 units. 2. **Calculating Sales After the First Year**: - If sales decrease by 43%, then the remaining sales after the first year will be: \[ \text{Sales after Year 1} = 100 - (43\% \text{ of } 100) = 100 - 43 = 57 \text{ units} \] 3. **Calculating Sales After the Second Year**: - Now, we apply the same percentage decrease to the new sales figure: \[ \text{Sales after Year 2} = 57 - (43\% \text{ of } 57) = 57 - 24.51 \approx 32.49 \text{ units} \] 4. **Calculating Sales After the Third Year**: - Again, we apply the 43% decrease: \[ \text{Sales after Year 3} = 32.49 - (43\% \text{ of } 32.49) = 32.49 - 13.95 \approx 18.54 \text{ units} \] 5. **Continuing the Process**: - We can see that each year, the sales continue to decrease, but they will never actually reach zero. Instead, they will approach zero asymptotically. - For example: - Year 4: \( 18.54 - (43\% \text{ of } 18.54) \approx 10.54 \text{ units} \) - Year 5: \( 10.54 - (43\% \text{ of } 10.54) \approx 6.00 \text{ units} \) - Year 6: \( 6.00 - (43\% \text{ of } 6.00) \approx 3.42 \text{ units} \) 6. **Conclusion**: - The sales will keep decreasing but will never actually reach zero. Therefore, it will take an infinite amount of time for the sales to decrease to exactly zero.
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