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xxMikexx [17]
3 years ago
15

Kendra sells gourmet boxes of cookies. One box of cookies costs Kendra $6.75 to produce. She sells her boxes of cookies for $10.

What is Kendra's return on investment (ROI)?
48%
30%
20%
58%
Business
1 answer:
ad-work [718]3 years ago
3 0

Based on the information given Kendra return on investment (ROI) is: 48%.

<h3>Return on investment (ROI)</h3>

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 Kendra return on investment (ROI) is: 48%.

Learn more about return on investment (ROI) here:brainly.com/question/26431553

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