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