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.

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## 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:

- First, determine the total number of sales made.
- The total number of sales made is given as: 7.

- Next, determine the total number of quotes or leads.
- The total number of quotes or leads is provided as: 70.

- 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

Test your knowledge using the equation and check your answer with the calculator above.

CR = #S / #L * 100** = ?**