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Had $750k. Now have $725k. Am i down 3.33% or 3.45%?

JEDI

JEDI

Lifer
725/750 = .966666
1-.96666 = 3.33%

750/725 = 1.0345
1.0345 -1 = 3.45%

Which is right? Why?
 
It doesn't matter. What matters is you owe me 25k, paypal plz.



but also, it's easiest to work with a drop that you know. a 75k drop is 10% intuitively. Work that out and now you can see which method is right

675/750 = .9
1-.9 = 10%

750/675 = 1.11111
1.11111 - 1 = 11.1%
 
If you don't know you need to return to school.
Hell, the way you show your calculations of the percent itself tells you which it is.


725/750 = .966666
1-.96666 = 3.33%

750/725 = 1.0345
1.0345 -1 = 3.45%
Click to expand...


1-.96666 vs 1.0345 -1

Lets do it so they're the same.

.966666-1 => -3.33%
1.0345-1 => 3.45%

You lost money.
Which is right?
 
If you had $50,000 and lost $25,000. Are you down 50% or 100%?

If you can't find the answer to your question using the above example, then you fail.
 
The fact that you're doing calculations in US Dollars means you've lost another 3% just because of inflation and currency exchange rates.

E N J O Y
 
Originally posted by: Scarpozzi
The fact that you're doing calculations in US Dollars means you've lost another 3% just because of inflation and currency exchange rates.

E N J O Y
Click to expand...

Is it really a loss when it's imaginary in the first place?
 
Originally posted by: JEDI
725/750 = .966666
1-.96666 = 3.33%

750/725 = 1.0345
1.0345 -1 = 3.45%

Which is right? Why?
Click to expand...

Your base is 750k, so it's the former.

Take another example:

You have 400k, now you have 200k. Obviously you are down 50% = 200/400.

You are not down 100%, which is 400/200 - 1.
 
You're down (750-725)/750 = 3.33333%

You did your calculations in a really weird way. You should probably get your head checked.
 
Originally posted by: Schfifty Five
If you had $50,000 and lost $25,000. Are you down 50% or 100%?

If you can't find the answer to your question using the above example, then you fail.
Click to expand...

hahah ding ding ding...
 
Originally posted by: RichUK
Omg, lol.

This is sad :laugh:

It?s 3.33%
Click to expand...

It doesn't surprise me man. I was tutoring math one time and I had this guy ask me why 3/3 = 1 and not 0. I said something along the line of if you have three boxes to distribute over 3 people they will each get one box. Now he goes and says well there are zero boxes left...he was dead serious.
 
Originally posted by: Throckmorton
You're down (750-725)/750 = 3.33333%

You did your calculations in a really weird way. You should probably get your head checked.
Click to expand...

It not weird, its conceptually wrong.
 
Originally posted by: TheoPetro
how the hell did you manage to only lose 3.33 percent with those math skills?
Click to expand...

dumb luck

another example: LINK

it's freaking amazing that i'm close to retirement (not even 40 yet) w/my lack of effort in making $ :Q
 
Originally posted by: JEDI
Originally posted by: TheoPetro
how the hell did you manage to only lose 3.33 percent with those math skills?
Click to expand...

dumb luck

another example: LINK

it's freaking amazing that i'm close to retirement (not even 40 yet) w/my lack of effort in making $ :Q
Click to expand...

I really kind of feel sorry for you. How do you do in conversations with people... do you always ask dummy questions and not understand when they talk numbers?
Maybe you should get a math tutor.

 
Originally posted by: JEDI
Originally posted by: TheoPetro
how the hell did you manage to only lose 3.33 percent with those math skills?
Click to expand...

dumb luck

another example: LINK

it's freaking amazing that i'm close to retirement (not even 40 yet) w/my lack of effort in making $ :Q
Click to expand...

I see a trend of e-peen here.
 
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