Answer:
11.5%
Step-by-step explanation:
You want to know the ROI represented by a profit of $230,000 on an investment of $2,000,000.
The return on investment is the ratio of profit (return) to the investment:
ROI = profit/investment
ROI = $230,000/$2,000,000 = 0.23/2 = 0.115
ROI = 11.5%
The return on investment would be 11.5%.