Question

A certain piece of property having depreciated by $2360, is now worth $1416. By what percentage has it
depreciated?​

Answer 1

Answer:

Step-by-step explanation:

8

Answer 2

Given - Original and New price

Find - Percentage depreciation

Solution - The percentage depreciation is 40%

Percentage depreciation = Change in price/Original price*100

Change in price = 2360 - 1416

Change in price = $944

Percentage depreciation = 944/2360*100

Percentage depreciation = 40%

So, percentage depreciation is 40%.