Answered

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Clare sells gourmet boxes of chocolates. One box of chocolates costs Nancy $6.75 to produce. She sells her boxes of chocolate for $10.00.

What is Clare's
return on investment (ROI)?


A.46%
B.45%
C.48%
D.47%

Sagot :

abiolataiwo2015

Based on the information given s Clare's return on investment (ROI) is: C.48%.

Return on investment (ROI)

Using this formula

Return on investment (ROI)=Selling price-Cost of production/Selling price ×100

Where:

Selling price=$10

Cost of production=$6.75

Let plug in the formula

Return on investment (ROI)=10-6.75/6.75

Return on investment (ROI)=3.25/6.75×100

Return on investment (ROI)=48%

Inconclusion Clare's return on investment (ROI) is: C.48%.

Learn more about return on investment (ROI) here:https://brainly.com/question/11913993

Answer:

48%

Explanation:

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