How the Percentage Depreciation Calculator can help you
Percentage Depreciation Calculator will help you calculate declining balance depreciation.
How to use the Percentage Depreciation Calculator
1. Enter the “Asset Value”;
2. Enter the “Percentage (%)”;
3. Enter the “Period” and select the time unit;
4. Click on the “Calculate” button to get the results.
Percentage Depreciation Calculator Formula
Depreciation Amount = Asset Value x Annual Percentage
Balance = Asset Value – Depreciation Value
Percentage Depreciation Calculator Example
If you have an asset that has a total worth of 10,000 and it has a depreciation of 10% per year, then:
At the end of the first year the total worth of the asset is 9000 and the depreciation value is 1000;
At the end of the second year the total worth of the asset is 8100 and the depreciation value is 900;
At the end of the third year the total worth of the asset is 7290 and the depreciation value is 810, and so on.