Leon George sold kites at the beach last summer. He invested $2,500 in the venture and made $1,400 net profit (net income) . Calculate his return on investment.

A) 15.6 percent
B) 17.9 percent
C) 29.9 percent
D) 47.0 percent
E) 56.0 percent

Return on Investment

A measure of the profitability of an investment, calculated as the net profit of the investment divided by its cost.

Net Profit

Represents the amount of money a company retains after subtracting all its expenses, taxes, and costs from its total revenue.

Net Income

represents the total earnings of a company after deducting all expenses and taxes from total revenue.