Asoftdrinkcompanyisrepresentedinthetableshowingthenumberofsoftdrinkssoldbetween2015and2019.Year Sales2015 19482016 25122017 17522018 28912019 4900Giventhepriceofasoftdrinkremainedat£1.55between2015and2019,calculatetherevenuemadein2017.Giveyouranswerto2decimalplacesifneeded
Question
Asoftdrinkcompanyisrepresentedinthetableshowingthenumberofsoftdrinkssoldbetween2015and2019.Year Sales2015 19482016 25122017 17522018 28912019 4900Giventhepriceofasoftdrinkremainedat£1.55between2015and2019,calculatetherevenuemadein2017.Giveyouranswerto2decimalplacesifneeded
Solution
To calculate the revenue made in 2017, you need to multiply the number of soft drinks sold in that year by the price of each soft drink.
From the table, we know that the number of soft drinks sold in 2017 was 1752.
The price of each soft drink was £1.55.
So, the calculation would be:
1752 (number of soft drinks sold in 2017) * £1.55 (price of each soft drink) = £2715.60
So, the revenue made in 2017 was £2715.60.
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