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Clare sells gourmet boxes of chocolate. One box of chocolate cost Nancy $6.75 to produce.she sells her boxes of chocolate for 10.00. What is Clare's return on investment
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Oct 14, 2024
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Clare sells gourmet boxes of chocolate. One box of chocolate cost Nancy $6.75 to produce.she sells her boxes of chocolate for 10.00. What is Clare's return on investment
Mathematics
high-school
John Wells
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Return on Investment = (Selling Price - Cost of Production) / Cost of Production
Return on Investment = (10.00 - 6.75) / 6.75
Return on Investment = 0.4815
Therefore, Clare's return on investment is 48.15%.
Fred Grott
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Oct 18, 2024
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Fred Grott
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