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 clares return on investment (roi)?
46%
45%
48%
47%

Explanation:

Step1: Calculate profit per box

$\text{Profit} = \text{Selling Price} - \text{Cost} = 10.00 - 6.75 = 3.25$

Step2: Compute ROI formula

$\text{ROI} = \frac{\text{Profit}}{\text{Cost}} \times 100\% = \frac{3.25}{6.75} \times 100\%$

Step3: Calculate final percentage

$\frac{3.25}{6.75} \approx 0.4815$, so $0.4815 \times 100\% \approx 48\%$

Answer:

48%