I have been given a budget of$ 6000 to spend on a party. My total costs...

I have been given a budget of$ 6000 to spend on a party. My total costs were $5312.50, with $687.50 as a profit. How would I calculate ROI on this ? Please show formula so I know I am doing this correctly.

Expert Solution

Return on Investment = Return /Investment *100

= (687.50/6000)*100

= 11.458333333%

=11.45% rounded to

ekkarill92 answered 1 year ago

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