Question

i purchased an article for Rs 400 . if cost of the article after two years depreciates to 361 then the rate of depreciation is ​

Answer 1

Answer:

₹39

Step-by-step explanation:

cost of article = ₹400

cost of article after two years =₹361

rate of depreciation = ₹400-361

= ₹39

Answer 2

Answer:

The rate of depreciation is 10%.

Step-by-step explanation:

A measure of how much an asset's value has dropped over time is its rate of depreciation. Usually, it is determined as a percentage of the asset's original cost.

You can use the formula shown below to determine the rate of depreciation:

                 (Initial cost - Final cost) / Initial cost x 100

In this situation, the Initial cost is Rs 400 for an item, and two years later, its value dropped to Rs 361.

The rate of depreciation according to this equation would be

                             (400-361) / 400 x 100 = 10%

This indicates a 10% decrease in the article's value over a two-year period.

To know more about the Rate of Depreciation, Click here:

https://brainly.in/question/5726755

To know more about Percentage, Click here:

https://brainly.in/question/54105324

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