Understanding Revenue
Basic Formula
Total Revenue = Price × Quantity
Multiply your price by units sold to find total income
Smart Pricing
Example: Selling 150 units at $40 each
150 × $40 = $6,000
Adjust pricing based on market demand
| Price | Units Sold | Revenue |
|---|---|---|
| $30 | 200 | $6,000 |
| $35 | 180 | $6,300 |
| $40 | 150 | $6,000 |
Pro Tip
Find the sweet spot where price and quantity balance to maximize revenue – often where demand becomes elastic
Revenue Calculator
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