A Database contains 100 companies, 80% are in our target business, 50% of them claim they will buy this year, and we expect to close 30% of those that will buy. How many Companies will we sell to this year?

Question

Tommy

Mathematics

13 June, 00:04

A Database contains 100 companies, 80% are in our target business, 50% of them claim they will buy this year, and we expect to close 30% of those that will buy. How many Companies will we sell to this year?

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Answers (1)

Know the Answer?

Darby · Answer 1

12 company will sell this year

Step-by-step explanation:

Given data

Database contains = 100 companies

target business = 80%

claim = 50%

buy = 30%

to find out

Companies will we sell to this year

solution

we say that target business = 80% of 100 company i. e. = 80 company

claim is 50 % of 80 company that mean 50/100 * 80 = 40 company

and we know buy is 30 % of 40 company that mean

30/100 * 40 = 12 company

so we say 12 company will sell this year