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.

## 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:

1. First, determine the current value of T-bill (\$).
• The current value of T-bill (\$) is given as: 150.
2. Next, determine the purchase price of T-bill (\$).
• The purchase price of T-bill (\$) is provided as: 100.
3. 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 = ?