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.

## 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:

1. First, determine the current art appraisal value (\$).
• The current art appraisal value (\$) is given as: 40,000.
2. Next, determine the purchase price of art (\$).
• The purchase price of art (\$) is provided as: 30,000.
3. 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 = ?