Question
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)?
Answer
4
(168 Votes)
Tabitha
Professional · Tutor for 6 years
Answer
###
Explanation
## Step 1: Identify the cost### Identify the production cost per box of chocolates:
.## Step 3: Calculate the profit per box### Subtract the production cost from the selling price:
6.75 \]## Step 4: Calculate the ROI### Use the ROI formula:
Substitute the values:
6.75}{\$6.75} \times 100 \]