The performance of personal and business investments is measured as a percentage called "return on investment." What type of variable is "return on investment&quo…

Question

The performance of personal and business investments is measured as a percentage called "return on investment." What type of variable is "return on investment"?

Answer 1

ROI (Return on Investment) measures the gain or loss generated on an investment relative to the amount of money invested.

Step-by-step explanation:

ROI = (Net Profit / Cost of Investment) x 100

Example: Investment = $100 Net Profit: $30

ROI : (30/100) x 100 = 30%