Quandaries
and Queries
Hi. I have the year to date sales of $2,042,744 and the quota is $2,257,440, how do I figure the percent quota. Please advise what the formula is. Thank you.
Jenni
Hi Jenni,
Suppose that your sales to date were $3 and the quota was $4, then you would have attained three-quarters of your quota. 3/4 = 0.75 which is is 75% so you have attained 75% of your quota.
The logic is the same with your numbers. You have sales of $2,042,744 from a quota of $2,257,440 so the proportion of your quota which you have is
2042744/2257440 = 0.9049
As a percentage this is
0.9049
100 = 90.49
Thus you have 90.49% of your quota.
Penny