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 = ?