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MMLU-Pro / 114 / Tom bought a new bicycle for …

Problem

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question

Tom bought a new bicycle for 80.After4yearsofuse,hesoldittoasecondhanddealerfor80. After 4 years of use, he sold it to a second-hand dealer for 15. What was the annual depreciation by the straight line method? What was the annual rate of depreciation?
Plain-text mathematical notation (without MathML)
Tom bought a new bicycle for 80.After4yearsofuse,hesoldittoasecond−handdealerfor15. What was the annual depreciation by the straight line method? What was the annual rate of depreciation?
Original LaTeX notation
Tom bought a new bicycle for $80. After 4 years of use, he sold it to a second-hand dealer for $15. What was the annual depreciation by the straight line method? What was the annual rate of depreciation?

category

business

options

  1. $13 per year and 16.25%
  2. $16.25 per year and 20.3%
  3. $17 per year and 21.25%
  4. $19 per year and 23.75%
  5. $14.75 per year and 18.4%
  6. $15.25 per year and 19%
  7. $18 per year and 22.5%
  8. $16 per year and 20%
  9. $12.50 per year and 15.6%
  10. $20 per year and 25%

src

stemez-Business

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Official source

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