If 7,17,750 paid to purchase 15 computers, what is the rate of a computer?
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Answer:
10,000
Step-by-step explanation:
Given:
Cost price of the computer = 50,000
Depreciation = 10%
Time period = 12 years
To Find:
The scrap value of computer
Solution:
Let the scrap value be = x
Depreciation = 10% of 50,000
= 10/ 100 × 50,000
= 5000
Therefore,
Depreciation Amount = Cost of the machine - scrap value / Number of years
5000 = 50000 - x /12
5000 × 12 = 50,0000
60000 = 50000 - x
x = 60,000 - 50,000
x = 10,000
Answer: The scrap value of computer is Rs. 10,000.
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