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A grocery delivery start-up has 35,000 subscribed customers in Bengaluru. The expected customer lifetime value of these customers is ₹7,000.What is the value of this customer list?₹245 million₹145 million₹375 million₹295 million

Question

A grocery delivery start-up has 35,000 subscribed customers in Bengaluru. The expected customer lifetime value of these customers is ₹7,000.What is the value of this customer list?₹245 million₹145 million₹375 million₹295 million

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Solution

The value of the customer list can be calculated by multiplying the number of customers by the expected customer lifetime value.

Step 1: Identify the number of customers, which is 35,000.

Step 2: Identify the expected customer lifetime value, which is ₹7,000.

Step 3: Multiply the number of customers by the expected customer lifetime value.

35,000 customers * ₹7,000/customer = ₹245,000,000

So, the value of the customer list is ₹245 million.

This problem has been solved

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