Question:
What is the rate of depreciation?
What is the rate of depreciation?
Show Hint
The straight-line method of depreciation assumes a fixed amount of depreciation each year, calculated as \( \frac{{Cost} - {Scrap Value}}{{Useful Life}} \).
Updated On: Feb 11, 2025
Hide Solution
Verified By Collegedunia
Solution and Explanation
Step 1: The formula for depreciation using the straight-line method is:
\[
{Depreciation Rate} = \frac{{Cost} - {Scrap Value}}{{Useful Life}}.
\]
Step 2: Substitute the given values:
\[
{Depreciation Rate} = \frac{45200 - 0}{3} = 15066.67 \, {per year}.
\]
Was this answer helpful?
0
0
Top Questions on Absolute maxima and Absolute minima
- If \[ \left| \frac{2x}{5} \right| = \left| \frac{6 - 5}{4} \right|, \quad \text{then the value of } x \text{ is:} \]
- CBSE CLASS XII - 2025
- Mathematics
- Absolute maxima and Absolute minima
- Find the absolute maximum and absolute minimum of the function \( f(x) = 2x^3 - 15x^2 + 36x + 1 \) on \( [1, 5] \).
- CBSE CLASS XII - 2025
- Mathematics
- Absolute maxima and Absolute minima
- The chances of \( P \), \( Q \), and \( R \) getting selected as CEO of a company are in the ratio \( 4 : 1 : 2 \), respectively. The probabilities for the company to increase its profits from the previous year under the new CEO, \( P, Q, \) or \( R \), are \( 0.3, 0.8, \) and \( 0.5 \), respectively. If the company increased the profits from the previous year, find the probability that it is due to the appointment of \( R \) as CEO.
- CBSE CLASS XII - 2024
- Mathematics
- Absolute maxima and Absolute minima
- For the function $f(x) = 2x^3 - 9x^2 + 12x - 5, x \in [0, 3]$, match List-I with List-II:
List-I List-II (A) Absolute maximum value (I) 3 (B) Absolute minimum value (II) 0 (C) Point of maxima (III) -5 (D) Point of minima (IV) 4 - CUET (UG) - 2024
- Mathematics
- Absolute maxima and Absolute minima
- If \( x \cos(p + y) + \cos p \sin(p + y) = 0 \), prove that \( \cos p \frac{dy}{dx} = -\cos^2(p + y) \), where \( p \) is a constant.
- CBSE CLASS XII - 2024
- Mathematics
- Absolute maxima and Absolute minima
View More Questions
Questions Asked in CBSE CLASS XII exam
- If \[ \begin{bmatrix} 4 + x & x - 1 \\ -2 & 3 \end{bmatrix} \] is a singular matrix, then the value of \( x \) is:
Assertion : In an ideal step-down transformer, the electrical energy is not lost.
Reason (R): In a step-down transformer, voltage decreases but the current increases.
- CBSE CLASS XII - 2025
- Electromagnetic induction
- You are Radhika / Rakesh of 43, J.N. Colony, Cochin. You read the given advertisement and wish to apply for the post advertised. Write a job application along with your bio-data:
- CBSE CLASS XII - 2025
- Writing Skills
- Consider the arrangement shown in the figure. A black vertical arrow and a horizontal thick line with a ball are painted on a glass plate. It serves as the object. When the plate is illuminated, its real image is formed on the screen.
Which of the following correctly represents the image formed on the screen?
- CBSE CLASS XII - 2025
- Ray optics and optical instruments
- ‘Students on Ice Programme’ proves Geoff Green’s farsightedness. Explain with reference to the text of ‘The Journey to the End of the Earth’. (The Journey to the End of the Earth)
View More Questions