Question

An Internet Connection Provider has a 35% efficient sales funnel. Each month, 35% of the suspects purchase the internet connection offered by the company. If the Connection Provider has a target of adding 20 new customers every month, how many suspected customers does he need on a monthly basis

Answer 1

Given:

The percentage of Suspects who purchases the connection = 35%

To Find:

No. of suspected customers every month for 20 customers/month.

Solution:

For Finding the number of customers,

We have to calculate the value whose 35% value comes to be 20.

So,

Let the number of customers be '$x$',

                                       35% of x = 20

                                           $\frac{35}{100}*x = 20$

                                                   $x = 20*\frac{100}{35}$

                                                   $x = \frac{2000}{35}$

                                                   $x = 57.14$

Hence by the above value of x i.e. 57.14.

The number of suspected customers required is 58(minimum).