Question 1 of 30
A sales manager at a software company wants to analyze the performance of their sales team over the last quarter. They have access to a report that includes the total sales amount, the number of deals closed, and the average deal size. The manager wants to determine the conversion rate of leads to closed deals. If the total number of leads generated in the quarter was 500, and the total number of deals closed was 75, what is the conversion rate expressed as a percentage?
0.15
0.12
0.18
0.2

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