Return on Investment Calculation for Stock Purchase

Calculating Percentage Return on Selling the Stock

To calculate the percentage return on selling the stock, we need to compare the selling price with the purchase price. The formula to calculate the percentage return is:

Return = (Selling Price - Purchase Price) / Purchase Price

In this case, the purchase price of the stock is $43.96 and the selling price is $96.30.

Plugging in the values into the formula, we have:

Return = ($96.30 - $43.96) / $43.96 = $52.34 / $43.96 ≈ 1.1905

To express this as a percentage, we multiply the result by 100:

Percentage Return = 1.1905 * 100 ≈ 119.1%

Therefore, if you were to sell the stock at the current selling price of $96.30, your return would be approximately 119.1%.