The adjusted close price of a share is now $67. A year back, the adjusted close price of the same share was $50. What is the investment percent return for someone who holds 10 of these shares today?
A) 34%
B) 17%
C) 20%
D) 25.37%

Question

Quizplus · Accepted Answer

The investment percent return is calculated by the formula: [(Current Price - Original Price) / Original Price] * 100. So, for one share, the return is [(67 - 50) / 50] * 100 = 34%. Since the return percentage does not depend on the number of shares, holding 10 shares also results in a 34% return.

The Adjusted Close Price of a Share Is Now $67