Question

Rebecca gollanek makes and sells wooden cooling racks for cakes, cookies, and bread for $22.50 each. she has invested $4,300 in the venture and made $2,200 in net profit. calculate her return on investment.

Answer 1

To find the ROI, the net profit is divided by the amount originally invested and expressed as a percentage. In this case, the values would be (2200 / 4300), which gives 0.51162. which will be translated to a percentage of 51.16%. Rebecca has earned a 51.16% return on her $4,300 investment.