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Andrew invested $20,000 in mutual funds and received a sum of $35,000 at the end of the investment period. What is the ROI. 75% 65% 55%
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Andrew invested $20,000 in mutual funds and received a sum of $35,000 at the end of the investment period. What is the ROI. 75% 65% 55%

User Matthew Allen
by
5.8k points

2 Answers

2 votes

Answer:

75%

Explanation:

User Craig McGuff
by
6.1k points
3 votes
ROI= (gain from investment - cost of investment)/.cost of investment
= (35,000-20,000)/20,000
= 15,000/20,000
= 0.75 or 75%

ROI is the 75%

Hope this helps!


User Hemesh Singh
by
6.1k points
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