A farmer bought a tractor at Kshs.210,000 and sold at Kshs.52,500, after using it for five years. Calculate the annual rate of depreciation of the...

A farmer bought a tractor at Kshs.210,000 and sold at Kshs.52,500, after using it for five years. Calculate the annual rate of depreciation of the tractor.

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Kavungya answered the question on September 16, 2019 at 13:46

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