3.2 Revenue generated by sales of the product - Word Drop
Drop the words into the correct position in the paragraph. Press submit to check your answers.
Revenue is the money a business brings in from selling its products. Total revenue is found by ______ the ______ by the number of sales. If a business sells more than one product, it works out the revenue for each one separately and then ______ the amounts together.
Revenue can be measured over different time periods, such as a week, a month or a ______. To turn a weekly figure into a monthly one, multiply it by the number of ______ in that month. To turn a monthly figure into a yearly one, multiply it by ______.
The formula can be ______ to find a missing component. To work out how many units were sold, ______ the total revenue by the price per unit. To work out the price per unit, divide the total revenue by the ______. Rearranging is useful when a business knows its revenue but not how many units it has sold.
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