Question

The original cost of Sam’s investment is 10,000 after liquidating investment Sam calculate Israel we tried to be 10,700 what is the return on investment ROI the ROI on Sams investment is what percent

Answer 1

Answer:

The return on investment in dollar terms is $700

The return on investment as a percentage of cost of investment is 7%

Step-by-step explanation:

The return on investment is the value of the investment when liquidated minus the initial amount invested

Liquidated amount is $10,700

initial cost is $10,000

return on investment in dollar terms=$10,700-$10,000=$700

return on investment in % terms=dollar return on investment/initial cost of investment

dollar return is $700

initial cost of investment is $10,000

return on investment in % terms=$700/$10,000=7%