Tara bought one share of Apple stock in 2018 for $43.75. Then, three years later, she sold it for $136.76. How much money did she gain/lose with this stock? What was her return on investment?

Gain= $93.01

ROI= 212.59%

Step-by-step explanation:

Given data

Cost of apple share in 2018 = $43.75

Sale price of apple share= $136.76

1. Her gain is

Gain= Sales price- Cost price

Gain = 136.76-43.75

Gain= $93.01

2. ROI is

ROI= Gain/cost*100

ROI= 93.01/43.75*100

ROI=2.1259*100

ROI= 212.59%

step-by-step explanation:

you can add the two numbers and divide the result by 2. or you can find the gap between the two numbers and add half of this to the smaller number.