Enter the total number of sales made and the total number of quotes or leads into the Closing Ratio Calculator. The calculator will evaluate and display the Closing Ratio.

## Closing Ratio Formula

The following formula is used to calculate the Closing Ratio.

CR = S / L * 100
• Where CR is the Closing Ratio (%)
• S is the total number of sales made
• L is the total number of quotes or leads

To calculate a closing ratio, divide the number of sales by the number of quotes or leads, then multiply by 100.

## How to Calculate Closing Ratio?

The following example problems outline how to calculate Closing Ratio.

Example Problem #1:

1. First, determine the total number of sales made.
• The total number of sales made is given as: 7.
2. Next, determine the total number of quotes or leads.
• The total number of quotes or leads is provided as: 70.
3. Finally, calculate the Closing Ratio using the equation above:

CR = #S / #L * 100

The values given above are inserted into the equation below and the solution is calculated:

CR = 7 / 70 * 100 = 10.00 (%)

Example Problem #2:

For this problem, the variables required are provided below:

total number of sales made = 8

total number of quotes or leads = 40