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how to find total revenue formula. R q p q displaystyle R qpq. For service-based companies the formula is Revenue Number of Customers x Average Price of Services.
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Price is the price each unit sells for. Where p price of the product. Total revenue is 8000.
The revenue projection formula to enter in cell E3 is therefore D3 180.
Since the price function includes the number of units this will result in a squared variable. A used to sell 10 pencils per day. The discounts of any returned products are included in revenue. Since the price function includes the number of units this will result in a squared variable.
