Question about % increase.

[luv4horses]

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.

[JonathanLB]

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

[Troyfan]

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..

[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

[SuiteLiving]

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

[Grlzrl]

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?