Question 30 of 40
Q.A book seller sold 40 books at the price of ₹ 10 each. The total revenue of the seller is ______.
(a) ₹ 300
(b) ₹ 100
(c) ₹ 400
(d) ₹ 200
Puducherry TnboardTamil Nadu HSC First Year (DGE) Commerce Board 2025MCQ· 1mImportance★★★★★
75% · 30/40 Questions
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Start your 14-day free trial to unlock the full solution →Total Revenue = Price × Quantity sold = 10 × 40 = ₹ 400, so the answer is option (c).
Total Revenue (TR) is the total receipts of a seller from selling a given quantity of a good. It is calculated as:
Total Revenue = Price per unit × Quantity sold
Here the price per book is ₹ 10 and the number of books sold is 40. So:
Total Revenue = 10 × 40 = ₹ 400
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