Answered

Westonci.ca is the premier destination for reliable answers to your questions, provided by a community of experts. Get quick and reliable solutions to your questions from knowledgeable professionals on our comprehensive Q&A platform. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

Ahmed bought a TV for his room in 2016 for AED 1,500. he decided to sell it in 2020 for AED 900. what is the rate of depreciation when he bought the TV and when he sold it

Sagot :

mathstudent55

Answer:

40% depreciation over the 4 years

10% depreciation per year

Step-by-step explanation:

The number of years between buying and selling is:

2020 - 2016 = 4

4 years

The amount of depreciation in the 4 years is:

AED 1,500 - AED 900 = AED 600

The percent depreciation for the 4 years is:

(1500 - 900)/1500 * 100% = 40%

The percent depreciation per year is:

40%/4 = 10%

Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.