Using this revenue calculator, you can quickly determine the total revenue generated by selling a specific number of goods or items at a specific price. This revenue calculator can be extremely beneficial to shop owners and business owners.

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In simple terms, revenue is the total amount or income made by selling the total quantity of goods/products or items.

**How to Use the Revenue Calculator?**

- The technique of using the revenue calculator is quite easy.
- To calculate the revenue, all you need is the selling price and the number of goods/ items sold.
- Simply enter the necessary information in the aforementioned fields, and the calculator will determine the revenue for all of the items or goods sold.

**Formula to Calculate Revenue**

The following formula is used to determine the total amount of revenue made from selling goods or items.

**How to Calculate the Revenue** (step by step with solved examples)

One of the simplest **math** problems is calculating the revenue from the total amount of products or items sold. There is no need to explain how to compute the sales revenue if you are a business owner.

We are here to assist newcomers who have recently entered the business world and are willing to determine the income of their goods/items on their own.

Below, we’ve solved a few real-world issues so you can quickly grasp the idea of determining revenue and perform it manually on your own.

If you have a large number of items, we advise using the revenue calculator mentioned above, which will simplify your work and give you more time to focus on your business.

**Example**

1. On Christmas, the owner of an apparel store sold 20 shirts for $20 each. Determine the total revenue value for that specific day.

**Solution :**

Quantity of shirts sold = 20 pieces

Selling Price of each shirt = $20

Using the revenue formula,

Revenue = Price × Quantity

Revenue = 20 × 20**Revenue = $400**

**The revenue generated on christmas day is $400.**

**Example**

2. On the eve of the new year, a cake shop owner sold 15 chocolate cakes for $10 each and 17 mixed fruit cakes for $12 each. Find the day’s total revenue.

**Solution:**

Quantity of chocolate cakes sold = 15 nos.

Price of a chocolate cake = $10

Quantity of mixed fruit cakes sold = 17 nos.

Price of a mixed fruit cake = $12

We will determine the revenue for chocolate and mixed fruit cakes separately, then **add** the results to determine the overall revenue.

Using the revenue formula,

*(for chocolate cakes)*

Revenue = Price × Quantity

Revenue = 10 × 15**Revenue = $150**

*(for mixed fruit cakes)*

Revenue = Price × Quantity

Revenue = 12 × 17**Revenue = $204**

Total Revenue = 150 + 204**Total revenue = $354**

**The revenue generated on new year eve is $354.**