A chocolate bar sells for ₹20. What is the total revenue and average revenue by selling 30 bars? |
Total Revenue = ₹20, Average Revenue = ₹600 Total Revenue = ₹600, Average Revenue = ₹20 Total Revenue = ₹30, Average Revenue = ₹20 Total Revenue = ₹600, Average Revenue = ₹30 |
Total Revenue = ₹600, Average Revenue = ₹20 |
The correct answer is Option (2) → Total Revenue = ₹600, Average Revenue = ₹20 Price $p = ₹20$ Total revenue by selling 30 bars = $₹(30 × 20) = 600$ Average revenue by selling 30 bars = $\frac{R}{x}=₹\frac{600}{30}=₹20$ |