First determine the RV Proceeds by multiplying the currency quantity times the new anticipated rate.
Step 1. RV Proceeds - Cost of Currency = Net Profit
Step 2. Net Profit รท Cost of Currency = Result
Step 3. Result x 100 = Percentage Gain
First determine the RV Proceeds by multiplying the currency quantity times the new anticipated rate.
Step 1. RV Proceeds - Cost of Currency = Net Profit
Step 2. Net Profit รท Cost of Currency = Result
Step 3. Result x 100 = Percentage Gain