Question

ahmed purchased an old scooter for rs.16000 if the cost of the scooter after 2 years depreciate to rs.14400 find the rate of depreciation

Answer 1

Rate of depreciation = 14400/16000 * 100

                                 =90

              So, rate of depreciation in % will be 100-90 = 10%

Answer 2

 purchase price = 16000

 sold price=14400

 depreciation % = 14400*100/16000 = 90 = 100-90 =10%