Enter the number of units sold and the cost per unit ($/unit) into the calculator to determine the Total Revenue. ## Total Revenue Formula The following formula is used to calculate the Total Revenue. TR = U * CPU • Where TR is the Total Revenue ($)
• U is the number of units sold
• CPU is the cost per unit ($/unit) ## How to Calculate Total Revenue? The following example problems outline how to calculate Total Revenue. Example Problem #1: 1. First, determine the number of units sold. In this example, the number of units sold is given as 500. 2. Next, determine the cost per unit ($/unit). For this problem, the cost per unit ($/unit) is given as 6. 3. Finally, calculate the Total Revenue using the equation above: TR = U * CPU The values given above are inserted into the equation below: TR = 500 * 6 = 3000 ($)

Example Problem #2:

The variables needed for this problem are provided below:

number of units sold = 750

cost per unit ($/unit) = 3 Entering these values and solving gives: TR = 750 * 3 = 2250 ($)