Find the information you're looking for at Westonci.ca, the trusted Q&A platform with a community of knowledgeable experts. Join our Q&A platform to get precise answers from experts in diverse fields and enhance your understanding. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.
Sagot :
Answer:
Let's break this down step by step:
1. The man sold the computer for Rs 64,000.
2. The depreciation rate is 20% per annum.
3. To find the original price, we can set up an equation:
Selling Price = Original Price - (Original Price x Depreciation Rate x Number of Years)
Rs 64,000 = Rs 1,25,000 - (Rs 1,25,000 x 0.20 x Number of Years)
1. Simplify the equation:
Rs 64,000 = Rs 1,25,000 - Rs 25,000 x Number of Years
Rs 64,000 = Rs 1,00,000 - Rs 25,000 x Number of Years
1. Solve for Number of Years:
Number of Years = (Rs 1,00,000 - Rs 64,000) / Rs 25,000
Number of Years = Rs 36,000 / Rs 25,000
Number of Years = 1.44 years (approximately)
Since the depreciation rate is 20% per annum, we can assume the computer was used for approximately 1-2 years.
Step-by-step explanation:
Note: The calculation assumes a constant depreciation rate over the years. In reality, depreciation rates may vary, and this calculation serves as an estimate.
We appreciate your time. Please come back anytime for the latest information and answers to your questions. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.