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Marta_Voda [28]
3 years ago
10

An investment of $5000 in biotech common stock proved to be very profitable. at the end of 3 years the stock was sold for $25,00

0. what was the rate of return on the investment?
Business
1 answer:
Andrew [12]3 years ago
5 0
Thank you for posting your question here at brainly. The rate of return on the invest is 500%. 

ROI<span> is usually expressed as a percentage and is typically used for personal financial decisions, to compare a company's profitability or to compare the efficiency of different </span>investments<span>. The </span>return on investment<span> formula is: </span>ROI<span> = (Net Profit / Cost of </span>Investment<span>) x 100.
</span>
therefore: 25,000/ 5000 = 5 x 100 = 500%
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