Question

If a car is depreciated in four years, what's the rate of depreciation using twice the straight-line rate?

Answer 1

Answer:

the rate will be %50

Step-by-step explanation:

Answer 2

Answer:

The rate of depreciation is 50%

Step-by-step explanation:

We are given

a car is depreciated in four years

so, depreciation in 1 year is

$=\frac{1}{4}$

the rate of depreciation using twice the straight-line rate

so, we will multiply by 2 and then we can find rate of depreciation

so, rate of depreciation is

$=2\times \frac{1}{4}\times 100$

$=50$%