Enter the current art appraisal value ($) and the purchase price of art ($) into the Return on Art Calculator. The calculator will evaluate and display the Return on Art.

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## Return on Art Formula

The following formula is used to calculate the Return on Art.

**ROArt = (AV-P) / P * 100**

- Where ROArt is the Return on Art (%)
- AV is the current art appraisal value ($)
- P is the purchase price of art ($)

## How to Calculate Return on Art?

The following example problems outline how to calculate Return on Art.

Example Problem #1:

- First, determine the current art appraisal value ($).
- The current art appraisal value ($) is given as: 40,000.

- Next, determine the purchase price of art ($).
- The purchase price of art ($) is provided as: 30,000.

- Finally, calculate the Return on Art using the equation above:

ROArt = (AV-P) / P * 100

The values given above are inserted into the equation below and the solution is calculated:

ROArt = (40,000-30,000) / 30,000 * 100 = 33.33 (%)

Example Problem #2:** **

For this problem, the variables needed are provided below:

current art appraisal value ($) = 150,000

purchase price of art ($) = 75,000

This example problem is a test of your knowledge on the subject. Use the calculator above to check your answer.

ROArt = (AV-P) / P * 100** = ?**