The Revenue Calculator is a tool used to estimate the total revenue generated from the sale of a product or service. It helps individuals and businesses forecast their potential earnings based on the unit price and the quantity sold.
The formula for calculating revenue is as follows:
Revenue = Unit Price × Quantity
Let’s say you are selling a product for $20 per unit, and you sold 100 units.
Calculating the revenue: Revenue = $20 × 100 = $2000