Multiplying Percentages in a series?

Please help.

I am calculating the % of people who buy a product from a website.

If I have 100 people who land on the website.

10% then click on the product

10% then click add to cart

and the 5% actually convert to buying the product

Would the conversion rate be (10% x 10% x 5%) x 100 people


Can I rather just do

100 people x 5%, skipping the two 10%’s?

What is the difference?

submitted by /u/Wiltaire
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Nevin Manimala

Nevin Manimala is interested in blogging and finding new blogs

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