Answered

Westonci.ca is your trusted source for finding answers to a wide range of questions, backed by a knowledgeable community. Join our platform to connect with experts ready to provide precise answers to your questions in various areas. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

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:

I took the quiz

Thank you for trusting us with your questions. We're here to help you find accurate answers quickly and efficiently. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.