Financial Management

Business & Finance
Tutor: None Selected Time limit: 1 Day

You invested $1500 in a business and your share of the net profit for year 1 was $100. What was your return on investment for the first year expressed as a fraction, decimal and as a %?

Sep 3rd, 2015

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Invested $1500

Profit $100

= profit/ cost of investment

100/1500

As a fraction = 1/15

Asa decimal  1/15= 0.0666667

As a percentage = 0.066667 x 100

=6.6667%

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Sep 3rd, 2015

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