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If a company sells 500 units of a product at a price of $20 each, what is the total revenue?

Practice Questions

1 question
Q1
If a company sells 500 units of a product at a price of $20 each, what is the total revenue?
  1. $10,000
  2. $5,000
  3. $15,000
  4. $20,000

Questions & Step-by-step Solutions

1 item
Q
Q: If a company sells 500 units of a product at a price of $20 each, what is the total revenue?
Solution: Total Revenue = Price per unit x Number of units sold = $20 x 500 = $10,000.
Steps: 5

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