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If a business spends $1,500 on advertising and gains 150 new customers, what is the cost per acquisition (CPA)?

Practice Questions

1 question
Q1
If a business spends $1,500 on advertising and gains 150 new customers, what is the cost per acquisition (CPA)?
  1. $5
  2. $10
  3. $15
  4. $20

Questions & Step-by-step Solutions

1 item
Q
Q: If a business spends $1,500 on advertising and gains 150 new customers, what is the cost per acquisition (CPA)?
Solution: CPA = Total Advertising Cost / Number of New Customers = $1,500 / 150 = $10.
Steps: 6

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