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| Math Central | Quandaries & Queries |
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Question from Julie: Hi - I'm trying to figure out what my ROI ( Return on my investment) is for a particular product I purchased. My investment cost was $4100 and my savings as a result of this investment was $34,170. How can I figure out what my ROI was on this product. Thanks much for your help! |
Hi Julie,
Investopedia says that
In your case I get
ROI = (34170 - 4100)/4100 = 7.3342
The examples I have seen express this as a percentage so I would multiply by 100 and say ROI = 733.42%.
Penny
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