How does Ripple Profit Calculator Works?
This Ripple Profit Calculator uses a simple mathematical principal to calculate the ROI of Ripple. It fetches the historical Ripple price from the database and compares with current Ripple Price and calculate the profit or loss made on it.
It does this simple calculation get the amount Ripple you would have got by investing x$'s on that day ($x/price of Ripple). Now it calculates the current price of that amount in USD (current Ripple price * amount of Ripple purchased in past). Now the return on investment (ROI) is calculated by dividing amount in USD today by amount invested and multiplying it by 100.
Mathmetical logic behind the same:
$invested_USD = USD invested in past date;
$historical_XRP_price = Price of XRP in past date;
$quantity_XRP = Quantity of XRP in past = $amount invested / $price_on_that_day;
$price_XRP = Current price of XRP;
$USD_today = ($price_XRP * $quantity_XRP) - $invested_USD;
$ROI = ($USD_today/$invested_USD)*100;
And if you want to check future price of Ripple you can check it here: Ripple Price Prediction. This predictions are based on various algorithms applied on the historical price of the Ripple.
If you have any query regarding the above calculator you can comment it in comment box below.