SOLUTION: Calculate the return on investment in dollars and as a percentage for an investment that you purchase for $500 and sell for $600.

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Question 744402: Calculate the return on investment in dollars and as a percentage for an investment that you purchase for $500 and sell for $600.
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
Calculate the return on investment in dollars and as a percentage for an investment that you purchase for $500 and sell for $600.
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Return on investment: 600-500 = $100
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Percent increase: 100/500 = 1/5 = 20%
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Cheers,
Stan H.
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