Enter the current value of T-bill ($) and the purchase price of T-bill ($) into the Return on T-Bill Calculator. The calculator will evaluate and display the Return on T-Bill.

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## Return on T-Bill Formula

The following formula is used to calculate the Return on T-Bill.

ROTB = (CVTB - PPTB) / PPTB *100

- Where ROTB is the Return on T-Bill (%)
- CVTB is the current value of T-bill ($)
- PPTB is the purchase price of T-bill ($)

## How to Calculate Return on T-Bill?

The following example problems outline how to calculate Return on T-Bill.

Example Problem #1:

- First, determine the current value of T-bill ($).
- The current value of T-bill ($) is given as: 150.

- Next, determine the purchase price of T-bill ($).
- The purchase price of T-bill ($) is provided as: 100.

- Finally, calculate the Return on T-Bill using the equation above:

ROTB = (CVTB – PPTB) / PPTB *100

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

ROTB = (150 – 100) / 100 *100 = 50.00 (%)

Example Problem #2:** **

For this problem, the variables needed are provided below:

current value of T-bill ($) = 1285

purchase price of T-bill ($) = 1100

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

ROTB = (CVTB – PPTB) / PPTB *100** = ?**