Ahmed purchased an old scooter for 16000. If the cost of the scooter after 2 years depriciates to 14440 find the rate of depreciation
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16000*R/100*R/100=14440
r^2=9025
r=95
rate of depreciation=5%
r^2=9025
r=95
rate of depreciation=5%
Answered by
4
hola!
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Ahmed purchased an old scooter for 16000. If the cost of the scooter after 2 years depriciates to 14440 find the rate of depreciation
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at first the cost was 16000
after 2 years
cost is 14440
cost gone down = 16000 -14440
= rs 1560
rate of depreciation:- = depreciation*100/original cost
=> 1560*100/16000
=> rate of depreciation = 9.75%
:)
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