City-Data Forum Question about % increase.
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09-20-2018, 05:11 PM
 Location: NC 6,081 posts, read 7,027,359 times Reputation: 12054

120000% is 1200X increase, which is 6 million. Add that to the original value of 5000 and you get that the final value of the item is 6,005,000. Thus it is worth 1201X the original, which is a 1200X increase.

09-20-2018, 07:00 PM
 4,319 posts, read 5,268,236 times Reputation: 4229
Quote:
 Originally Posted by LifeIsGood01 You have to find a time machine and buy Amazon in 1997 \$5000 investment would be worth like \$42 million today.
Wow I wish I spent \$5,000 on their stock then instead of \$5,000 on consumer goods back then :P

09-21-2018, 06:38 AM
 3,720 posts, read 1,667,677 times Reputation: 5094
Quote:
 Originally Posted by LifeIsGood01 If something was worth \$5,000 and it increased at 120,000% does it mean it's gone up 1200 or 1201 times in value? Do you subtract the last 2 zeros because 120000/100 = 1200?
Um, Life, if you don't know by now, don't worry about it..

09-21-2018, 10:06 AM
 Location: Athol, Idaho 2,182 posts, read 1,055,531 times Reputation: 3184
I dont get why some of you are adding the 5,000 after the fact.

What if somethings value increased 1% would you still add the value of the stock before the increase.
Example- \$100 stock increased 1% -New value is \$101. But some of you would then ad in the original value of \$100 so it is now worth \$201 after a increase of 1%.

Back to OP- if Stock is worth 6,005,000 (like some of you think) that would be a increase of 121,000% not 120,000%.

Edit cause I put 1 in wrong place- increase would be 120,100% if new value is \$605,000

Last edited by I love boots.; 09-21-2018 at 10:10 AM.. Reason: 1 in wrong place

09-21-2018, 10:31 AM
 844 posts, read 359,406 times Reputation: 875
Quote:
 Originally Posted by I love boots. I dont get why some of you are adding the 5,000 after the fact. What if somethings value increased 1% would you still add the value of the stock before the increase. Example- \$100 stock increased 1% -New value is \$101. But some of you would then ad in the original value of \$100 so it is now worth \$201 after a increase of 1%. Back to OP- if Stock is worth 6,005,000 (like some of you think) that would be a increase of 121,000% not 120,000%. Edit cause I put 1 in wrong place- increase would be 120,100% if new value is \$605,000
Increase in value is 1% so \$100 x 1% = \$1 plus \$100 original value = new value of \$101

Increase in value is 120,000% so \$100 x 120,000% = \$120,000 plus \$100 original value = new value of \$120,100

09-21-2018, 12:01 PM
 1,301 posts, read 290,880 times Reputation: 1127
Quote:
 Originally Posted by JonathanLB I think you’re all missing the big picture here and a much better question... how can all of us get in on this 120,000% return?!
Haha. I was thinking the same thing. Bernie Madoff?
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