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Question #1
Revis
An MBA aspirant leaves his job where he had an annual lary of $14.000 and took admission in one
year course in a top MBA institute having fees $36,000. At the end of the course, he lands up with
another job where his salary is $68,000. What is his retum on investment after one year of the job?
Answers
Answer:
An MBA aspirant leaves his job where he had an annual salary of 14000 and took admission in a one-year course in a top MBA institute having fees 36000. At the end of the course, he lands up with another job where salary is 68000.
a-2.5% b-6.25% c-12% d-36%
I tried ((total profit)/(investment cost))*100=((68000-28000-36000)/(36000))*100=11.11%. Am I missing
Answer:
His return on investment after one year of the job = 36 %
Step-by-step explanation:
Given,
Annual Salary of MBA aspirant = $14,000
Admission charge for MBA = $36,000
His Salary after MBA = $68,000
Therefore, his investment = $14,000 + $36,000 = $50,000
After one year of Job his return on investment = $68,000 - $50,000
= $18,000
% of return on investment = ($18,0000 / $50,000) × 100 %
= 36 %