Revenue Calculator

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 Revenue calculator is used to calculate the revenue generated by any company selling its products. Revenue is the total amount of money which is receives the company by selling their product or the service. We can calculate the revenue by multiplying the selling price by the number of products of the company. If the selling rate increases then revenue of the company also increases.
 

Example 1: A steel company is producing 10 items per day and the selling price of per item is $150. Find the revenue

function R (x).


For finding the revenue of any function, we look for the number of items and the selling price of the items.

Given rate of per item is = $150

Total output of per day = 10 items.

Revenue function R(x) = (price per unit) * (number of units produces)

R (x) = 150 * 10 = 1500

Hence the total revenue is $1500


 
Example 2: A selling services company sells 20 items per day and selling price is $12 per item. Find the revenue function.

Given rate of per item is = $12

Total output of per day = 20 items.

 (Revenue function R (x) = (price per unit) * (number of units produces)

R (x) = 12 * 20 = 240

Hence the total revenue is $240




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