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ronaldhyd
May 9, 2009, 12:06 AM
Invested an amount of $1,000,000.00 and earned a profit of $200,000.00 in exactly 1 month duration, what is the percentage of earning?
ROLCAM
May 9, 2009, 05:08 AM
The percentage of earning is 20%.
As this has been achieved in a MONTH,
Translated it means 240% per annum.
Not a bad return.