Refer to information given below and answer the question No of customers visited the store – 1362 No of bills generated – 398 Total number of units sold – 724 Total Sale –Rs. 199000 Calculate : 1. Average Sale per Transaction – ?
Answers
Given : No of customers visited the store – 1362 No of bills generated – 398 Total number of units sold – 724 Total Sale –Rs. 199000
To find : Conversion rate , Average Sale per Transaction
Solution :
No of customers visited the store = 1362
No of bills generated – 398
Total number of units sold – 724
Total Sale –Rs. 199000
Conversion rate = (Bills generated / Customer visited) * 100
= ( 398/1362) * 100
= 29.22 %
Average Sale per Transaction = Total Sales / Number Of Bills generated
= 199000/398
= 500
Average Sale per Transaction = Rs 500
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