Question:easy

How many 4 wheelers does the city Chennai have in the year 2003?

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Apply the 2002 and 2003 growth rates in sequence to Chennai's 2001 base figure.
Updated On: Jul 21, 2026
  • 2,24,808
  • 2,23,316
  • 2,10,248
  • 1,80,456
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The Correct Option is A

Solution and Explanation

This question needs only two compounding steps applied to Chennai's 2001 base figure.

Start with the 2001 figure of 1.7 lakhs from Table 2. Apply the 2002 rate of 14% from Table 1: $ 1.7 \times 1.14 = 1.938 $ lakhs.

Apply the 2003 rate of 16% to this new figure: $ 1.938 \times 1.16 = 2.24808 $ lakhs.

Convert lakhs to actual units by multiplying by 1,00,000: $ 2.24808 \times 100000 = 224808 $.

The correct option is (a) 2,24,808.

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