What is Revenue? The Concept and how to Calculate Revenue in Business Explained!

[@loaf5702]

Clutched! Found this right before my exams. Thanks for the vid mate 😅 helps me A LOT :D

[@TwoTeachers]

Glad we could help you out. Hope the exam went well!

[@loaf5702]

@@TwoTeachers Just finished the exam earlier. It was a breeze thanks guys. Big help 🍞

[@bainamBal]

May i please know how did you get 1.20 ✖️ with 616

[@deangabriel9994]

100% add 20% = 1.20

[@TwoTeachers]

We are trying to increase the sales by 20%. to increase 616 by 20% on a calculator you times it by 1.2 as 1 = 100% and .2 = 20% so 1.2 = 120%. If you wanted to increase the price by 50% you would times 616 by 1.5. 😁

[@mageku1598]

Thank you this will InshaAllah really help me in my exams❤

[@TwoTeachers]

Best of luck!

[@JessicaBahng]

May I please know how do you get 1.2 to multiply with £616?

[@TwoTeachers]

Could you let me know what section of the video this is from such as the time of the video and I will look into this to explain

[@Biblequotes244]

thank you nice video

[@TwoTeachers]

Glad you liked it 👍

[@linaabu-baker5575]

Is total revenue the same as total sales?

[@TwoTeachers]

It is year, total revenue is often referred to as total sales or total sales revenue aswell. Hope this helps!

[@linaabu-baker5575]

@@TwoTeachers yes so helpful! when i am calculating my gross profit, should the total sales include shipping and tax or just the price the item sold for?

[@Ziad-cp3lu]

Thank you sir

[@TwoTeachers]

you're welcome 👍