Top 20% of customers account for 60% of sales. If there are 50 customers, approximately how many are in the top group?

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Multiple Choice

Top 20% of customers account for 60% of sales. If there are 50 customers, approximately how many are in the top group?

Explanation:
Think in terms of percentages of a total. The top 20% means 0.20 of all customers. With 50 customers, that’s 0.20 × 50 = 10. So about 10 customers are in the top group. The fact that these customers account for 60% of sales shows that the top group is more influential in sales, but it doesn’t change how many people are in that group. The other numbers would correspond to different fractions of 50 (for example, 8 is 16% of 50, 12 is 24%, and 15 is 30%), not 20%.

Think in terms of percentages of a total. The top 20% means 0.20 of all customers. With 50 customers, that’s 0.20 × 50 = 10. So about 10 customers are in the top group. The fact that these customers account for 60% of sales shows that the top group is more influential in sales, but it doesn’t change how many people are in that group. The other numbers would correspond to different fractions of 50 (for example, 8 is 16% of 50, 12 is 24%, and 15 is 30%), not 20%.

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