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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)? 0000 47 % 48 % 45 % 46 %

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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)?
0000
 47 % 
 48 % 
 45 % 
 46 %

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)? 0000 47 % 48 % 45 % 46 %

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CatherineExpert · Tutor for 3 years

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<p> D</p>

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<p> Return on Investment (ROI) is a performance measure used to evaluate the efficiency, or profitability, of an investment or to compare the efficiency of a number of different investments. ROI is expressed as a percentage and is typically used for financial decisions, to compare companies' profitability, or getting a fast overview of different investments. In this case, Clare's initial cost (investment) was $6.75 - this is effectively our 'Cost Price'. The final money she made was $10.00 - effectively our 'Selling Price'. We can the/application of the formula for Return On Investment:<br />ROI = ((Selling Price - Cost Price) / Cost Price ) * 100 %.</p>
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