Question

9. A car was purchased last years for 415000. Now, its value is 356900. At what rate is the car depreciating?

please help me​

Answer 1

Answer:

depreciated value = 4,15,000 - 3,56,900 = 58,100

in (%) = 58,100/4,15,000 × 100 = 14%

Answer 2

Answer:

Rate of depriciation = 14% / year