Answered

From tech troubles to travel tips, IDNLearn.com has answers to all your questions. Receive prompt and accurate responses to your questions from our community of knowledgeable professionals ready to assist you at any time.

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 :

Mathstudent55idn

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%

We appreciate every question and answer you provide. Keep engaging and finding the best solutions. This community is the perfect place to learn and grow together. Thank you for choosing IDNLearn.com for your queries. We’re committed to providing accurate answers, so visit us again soon.