Question

A business prices its merchandise in three categories: $3.99, $5.99, and $10.99. The $3.99 category has 500 units and the two remaining categories have 200 units each. What would be the projected total sales revenue for the combined three categories?

Answer 1

the total revenue would be $5391.00

Answer 2

Total sales revenue = $5391

Explanation:

We have that there are 3 merchandise in the the business.

The prices of each is given by $3,99, $5.99 and $10.99.

Also, the number of units in the respective merchandise as the prices is 500, 200 and 200.

So, we get,

Total sales revenue = 3.99 × 500 + 5.99 × 200 + 10.99 × 200

i.e. Total sales revenue = 1995 + 1198 + 2198

i.e. Total sales revenue = $5391

Hence, the total sales revenue for the three categories combined is $5,391.