Enter the initial value, final value, and the time period into the calculator to determine the rate of gain. This calculator helps to evaluate the average rate of increase or decrease in value over a specified time period.
Rate Of Gain Formula
The following formula is used to calculate the rate of gain:
ROG = (FV - IV) / TP
Variables:
- ROG is the rate of gain (units per day)
- FV is the final value (units)
- IV is the initial value (units)
- TP is the time period over which the gain was observed (days)
To calculate the rate of gain, subtract the initial value from the final value to find the total gain or loss. Then, divide this amount by the total time period over which the gain or loss occurred.
What is Rate Of Gain?
Rate of gain is a measure of the increase or decrease in value of an asset, investment, or any measurable quantity over a specific period of time. It is often used in finance to assess the performance of investments, but can also be applied to other fields such as weight change in livestock, growth of plants, or any scenario where progress over time is tracked.
How to Calculate Rate Of Gain?
The following steps outline how to calculate the Rate Of Gain.
- First, determine the initial value (IV) of the quantity.
- Next, determine the final value (FV) of the quantity.
- Next, determine the time period (TP) over which the gain was observed.
- Use the formula ROG = (FV – IV) / TP to calculate the Rate Of Gain.
- After inserting the variables and calculating the result, check your answer with the calculator above.
Example Problem:
Use the following variables as an example problem to test your knowledge.
Initial Value (IV) = 100 units
Final Value (FV) = 150 units
Time Period (TP) = 25 days