The formula to calculate the Corrected Mileage (CM) is:
\[ CM = OM + AD - (CM - OM) \]
Where:
Mileage correction is the process of adjusting the mileage reading on a vehicle’s odometer. It is often necessary when the odometer is not reflecting the true distance traveled due to various reasons such as changes in tire size, replacement of the odometer, or discrepancies in the speedometer calibration. It ensures that the vehicle’s mileage accurately represents its usage and can be important for maintenance schedules, resale value, and legal purposes.
Let's assume the following values:
Using the formula to calculate the Corrected Mileage:
\[ CM = 5000 + 300 - (5200 - 5000) = 5100 \text{ miles} \]
The Corrected Mileage is 5100 miles.