fbpx

Solution: Find the annual rate of depreciation of the machine in percentage

(Last Updated On: December 10, 2017)

Find the annual rate of depreciation of the machine in percentage

Problem Statement: CE Board May 1996

A machine costing P45,000 is estimated to have a book value of P4,350 when retired at the end of 6 years. Depreciation cost is computed using a constant percentage of the declining book value. What is the annual rate of depreciation in %?

  • A. 32.50%
  • B. 32.25%
  • C. 32.00%
  • D. 32.75%

Problem Answer:

The annual rate of depreciation of the machine is 32.25%.

Solution:

Solution: Find the annual rate of depreciation of the machine in percentage

Latest Problem Solving in Engineering Economics (Annuity, Depreciation, Bonds, Breakeven, etc.)

div.feedburnerFeedBlock ul li {background: #E2F0FD;
list-style-type: none;
margin:0 0 5px 0px;
padding:5px 5px 5px 10px !important;
border: 1px solid #0080ff;
border-radius:8px;
-moz-border-radius:8px;
-webkit-border-radius:8px;

}

div.feedburnerFeedBlock ul li:hover {
background:#ffffff;
}

div.feedburnerFeedBlock ul li a{
color:#ffffff;
text-decoration:none;
}

div.feedburnerFeedBlock ul li a:hover {
text-decoration: underline;
color: #000000;
}
div #creditfooter{
display: none;
}

More Questions in: Engineering Economics (Annuity, Depreciation, Bonds, Breakeven, etc.)

Online Questions and Answers in Engineering Economics (Annuity, Depreciation, Bonds, Breakeven, etc.)

If you liked this, then please subscribe to our YouTube Channel for engineering video tutorials. You can also find us on Twitter and Facebook.

Add Comment

© 2014 PinoyBIX Engineering. © 2019 All Rights Reserved | How to Donate? | Follow me on Blogarama DMCA.com Protection Status
mcq in computer fundamentals
➡️ MCQ in Computer Fundamentals Series | ECE Board Exam
mcq in industrial electronics
➡️ MCQ in Industrial Electronics Series | ECE Board Exam
MCQ in Power Generators (Cells and Batteries) Part 5 | ECE Board Exam
➡️ MCQ in Power Generators, Sources, Principles, Applications Series | ECE Board Exam
mcq in electrical circuit
➡️ MCQ in Electrical Circuit Series | ECE Board Exam

NEED SUPPORT: LIKE MY PAGE & SHARE