Question 892142: I'm offering a medical checkup service to a company:
If the company has 9,000 potential patients and for every 10 paying patients, I give 5 free tests, what is the total number of paying patients? Can you please supply the formula so I can plug it in excel? Thank you.
Answer by Theo(13342)   (Show Source):
You can put this solution on YOUR website! let's see if i understand you correctly.
the company has 9000 potential patients.
for every 10 paying patients, you will give 5 free test.
what is the total number of paying patients?
if you mean that, for every 10 paying patients, you will take 5 free patients, then i would calculate the number of paying patients as follows:
the ratio of paying patients to total patients is 10/15 = 2/3
you have 9000 potential patients.
2/3 of them will be paying patients, so you will have 2/3 * 9000 = 6000 potential paying patients.
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