Depreciation Calculator Percentage

Initial Value: Final Value: Number of Years: Calculate Depreciation Percentage:

 

Introduction

Calculating depreciation percentage is crucial for assessing the decrease in the value of an asset over time. This article provides a simple and efficient Depreciation Calculator using HTML and JavaScript.

How to Use

1. Enter the initial value of the asset.
2. Enter the final value of the asset.
3. Input the number of years over which the depreciation occurred.
4. Click the “Calculate” button to get the depreciation percentage.

Formula

The formula for calculating depreciation percentage is given by: Depreciation Percentage=(Initial Value Initial Value−Final Value​)×100

Example

Suppose an asset with an initial value of $10,000 depreciates to $6,000 over 5 years. Using the calculator, the depreciation percentage would be calculated as follows: Depreciation Percentage=(10,000−6,00010,000)×100=40%Depreciation Percentage=(10,00010,000−6,000​)×100=40%

FAQ’s

Q: Can I use this calculator for any type of asset?

A: Yes, this calculator can be used for any asset as long as you provide the initial and final values along with the number of years.

Q: Why is depreciation percentage important?

A: Depreciation percentage helps in understanding the decrease in the value of an asset over time, aiding in financial planning and decision-making.

Conclusion

The Depreciation Calculator Percentage simplifies the process of determining the depreciation percentage of an asset. Use it to make informed financial decisions based on accurate calculations.