The formula to calculate the Earnings Per Lead (EPL) is:
\[ EPL = \frac{TE}{NL} \]
Where:
Let's say the total earnings (TE) are 10,000 currency units and the number of leads (NL) is 200. Using the formula:
\[ EPL = \frac{10,000}{200} = 50 \]
So, the Earnings Per Lead (EPL) is 50 currency units.