smc-1124-30-Unit depreciation

A delivery truck was valued at $65 000 when new. The value of the truck depreciates at a rate of 22 cents per kilometre travelled.

What is the value of the truck after it has travelled a total distance of 132 600 km?

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`A`

Show Worked Solution

`text{Depreciation}`	`=0.22 xx 132\ 600`
	`=$29\ 172`

`text{Truck value}`	`=65\ 000-29\ 172`
	`=$35\ 828`

`=>A`