A car was purchased last years for ₹415000.now its value is₹456900..At what rate is the car depreciating?
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Answered by
111
Q: A car was purchased last years for ₹415000. Now its value is ₹356900. At what rate is the car depreciating?
Answer:
The rate of car depreciates at 14%
Step-by-step explanation:
Given : A car was purchased last years for ₹ 415000.
Now, its value is ₹ 356900.
Depreciation value = ₹ (415000 - 356900)
= ₹ 58100
Depreciation % = ( 58100 × 100)/415000 %
= 14%
Answered by
1
Answer:
The rate of car depreciates at 14%
Step-by-step explanation:
Given : A car was purchased last years for ₹ 415000.
Now, its value is ₹ 356900.
Depreciation value = ₹ (415000 - 356900)
= ₹ 58100
Depreciation % = ( 58100 × 100)/415000 %
= 14%
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