Cryptocurrency Q&A
What does 70% ROI mean?
What does 70% ROI mean?
Riccardo
Mon Dec 09 2024
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6 answers
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I'm trying to understand the concept of ROI, specifically what a 70% ROI represents. I want to know how to interpret this percentage and what it indicates in terms of investment performance.
6 answers
ShadowFox
Wed Dec 11 2024
Investing in business equipment with the aim of generating profits is a common practice.
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emma_carter_doctor
Tue Dec 10 2024
If your profits exceed the initial investment, such as generating a $15,000 profit, your ROI would increase to 150%.
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CharmedSun
Tue Dec 10 2024
Conversely, if your profits are less than the initial investment, like $7,000, your ROI would be 70%.
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Daniela
Tue Dec 10 2024
When you spend $10,000 on a piece of equipment, it is natural to expect a certain level of return.
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Isabella
Tue Dec 10 2024
Ideally, you would want to see at least a $10,000 profit generated from that equipment to break even.
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