A book publisher uses an online portal to sell its books. Out of every thousand customers who visit the portal, a hundred read reviews of the books and twenty place orders. What is the conversion ratio of this Web portal?
A) 0.2
B) 0.1
C) 0.001
D) 0.02

Question

Quizplus · Accepted Answer

Conversion ratio is the ratio of the number of visitors who place an order to the total number of visitors. Here, out of 1000 visitors, 20 placed orders, which gives a conversion ratio of 20/1000 or 0.02. Therefore, the answer is D.

A Book Publisher Uses an Online Portal to Sell Its