Revenue
Business: BTEC Level 3 National Extended Diploma, topic 3.2.1
Revenue
Revenue is the income earned by a business from the sale of its goods and services.
Revenue
- Revenue = number of sales x sales price.
- E.g. if a stationery store sells 500 pens for £2 each, then the revenue is £1000 (500 x £2).
Test yourself on Revenue
Which of the following is the correct calculation for revenue?
If a sweet shop sells 700 sweets for 15p each, what is the shop's revenue?
If a hotel has 20 guests staying, and each room costs £150, what is the revenue made in one evening?