Answered

Westonci.ca offers fast, accurate answers to your questions. Join our community and get the insights you need now. Our platform connects you with professionals ready to provide precise answers to all your questions in various areas of expertise. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.

a few years ago a man bought a computer for rs125000 . in the recent year he sold it for rs64000 at 20% per annual rate of depreciation . how long did he use the computer.​

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.

Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Keep exploring Westonci.ca for more insightful answers to your questions. We're here to help.