Question

Krishna purchased an old scooter for ₹8000.If its cost after 2 years is ₹6480 ,what is the rate of depreciation?

Answer 1

Original price=Rs.8000

Price after two years=Rs.6480

Depreciation=8000-6480

=Rs.1520

Depreciation%=Depreciation/Original Price×100

=1520/8000×100

=0.19×100

19%