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A company has invested $50,000 in a marketing campaign, and they want to know the return on investment (ROI) of the campaign. The campaign generated
A company has invested $50,000 in a marketing campaign, and they want to know the return on investment (ROI) of the campaign. The campaign generated 500 new customers, each spending an average of $100 on the company's products. The company's profit margin is 20%. Calculate the ROI of the marketing campaign and interpret the result.
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