Revenue Calculator is a free online tool that displays the revenue for the given quantity and price. BYJU’S online revenue calculator tool makes the calculation faster, and it displays the revenue in a fraction of seconds.
How to Use the Revenue Calculator?
The procedure to use the revenue calculator is as follows:
Step 1: Enter the quantity and price in the respective input field
Step 2: Now click the button “Solve” to get the result
Step 3: Finally, the revenue for the given price and quantity will be displayed in the output field
What is Meant by the Revenue?
In accounting, revenue is defined as turnover or sales. It is the income generated from normal business operations such as sales, or other capital assets which are associated with organisations before any expenses are deducted. Many organizations will receive revenue from royalties, interest or any commission-based fees. In short, revenue is considered as a type of income which is earned from business activities. The formula to calculate revenue is given by
Revenue = Number of units sold × Average Price