What is ROI?
An example of an AI chatbot conversation about the definition of ROI.
What is ROI?
ROI stands for Return on Investment. It's a financial metric used to evaluate the profitability of an investment.
How do you calculate ROI?
To calculate ROI, subtract the initial investment cost from the final value of the investment, then divide by the initial cost and multiply by 100.
What is a good ROI percentage?
A good ROI percentage can vary by industry, but generally, an ROI of 15% or higher is considered favorable.
Can you give me an example of ROI?
Sure! If you invest $1,000 in a project and it returns $1,200, your ROI would be (1200-1000)/1000 * 100 = 20%.
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