Question

You invest $200 in stocks and sell them one year later for $230. Use the instructions in Lesson 3 to calculate the ROI dollar amount and percentage. (3.0 points)

TIP: Subtract the initial investment from the total return to get the ROI dollar amount. Then divide the ROI dollar amount by the initial investment, and multiply that number by 100 to get the percentage.

Answer 1

Answer: ROI = 30

Percentage: 15%

Step-by-step explanation:

ROI means Return of Investment. Is the amount i get from my investment.

The percentage is the amount I get divided by the initial investment.

Multiplied by 100 indicates the percentage.

30 / 200 = 0.15

0.15 x 100 = 15%