Question

A tv set was purchased for Rs 16000. If the cost of the tv after 2 yrs deppreciates to Rs 16440. Wjat os the rate of depreciation?

Answer 1

Here is your answer

Total Depreciation =16000-14440. =1560

Now Depreciation=Rate x16000/100

so Rate of Depreciation = 1560x100/16000

=9.75%

Hope it helps you..

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Answer 2

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