Boris Arshavin invested $1 million in buying a house in 2002, and sold it for $2.5 million in 2005. The consumer price index for 2002 and 2005 were 180 and 210, respectively. Compute the real return Boris earned from selling the house.

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The Answer of Boris Arshavin invested $1 million in buying a house in 2002, and sold it for $2.5 million in 2005. The consumer price index for 2002 and 2005 were 180 and 210, respectively. Compute the real return Boris earned from selling the house.

Boris Arshavin Invested $1 Million in Buying a House in 2002