Need Help With Easy Business Question

[onlyone]

A sales team converts 10% of leads into deals. For each deal an additional 15% of business is gained from word of mouth. Which formula best describes value per conversion?

(average deal value)*(10%)/(115%)
(average deal value)*(10%)*(115%)
(average deal value)*(10%)*(15%)
(average deal value)*(0.15)

 

[onlyone]

What is your thinking on this problem?

what is the deal value of a single deal?

so what would be the average deal value given how often leads are converted into deals?

I am not sure how this math works.

If the average deal value is $100 * (%10) I am not sure how to show (%15) is also converted by word of mouth.

 

[onlyone]

on my own

so i'm trying to figure out these types of formulas for calculating business stats. so in this case this would be correct (average deal value)*(10%)*(115%) ?

 

[onlyone]

business stats

somebody told me that it would be the 10% divided by the %115 why is it multiplied by

 

[onlyone]

business stats

No a friend of mine I am not in school. That is why I am looking for help here because I am not sure he is correct. I found this question online and wanted to find the answer, as I would like to go into business on day and this formula will be helpful. Is (average deal value)*(10%)*(115%) the correct answer to the question?

 

[onlyone]

thanks

thanks that does make sense to me know