Answer:
40% depreciation over the 4 years
10% depreciation per year
Step-by-step explanation:
The number of years between buying and selling is:
2020 - 2016 = 4
4 years
The amount of depreciation in the 4 years is:
AED 1,500 - AED 900 = AED 600
The percent depreciation for the 4 years is:
(1500 - 900)/1500 * 100% = 40%
The percent depreciation per year is:
40%/4 = 10%