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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Bpp revision kit of no 54 question no 161
In this question I have doubt regarding the working of sales revenue
Total sales revenue of small and large house together for 1st year is 5450 can you just show the calculation of getting this answer and how we get total inflated sales revenue for 1st yr 5614 just let me know how we calculated to get this required answer
But the answer actually shows the workings!!!!
They are inflating at 3%, and so 5,450 x 1.03 = 5,614
Have you watched my free lectures??
Yes I have watched the free lectures
But I didn’t get this solution as I’m confused with 5450 I understood the inflated sum but how we get this
Small house selling price 200
Small house quantity 15
Large house selling price 350
Large house qty 7
Total sales revenue = 5450
How we calculated this part to get the required answer as I have multiplied all 200*15*350*7 = I got smth answer 7350000 but how we get 5450
Explain this calculation
The revenue from small houses is 200 x 15 = 3,000.
The revenue from large houses is 350 x 7 = 2,450
The total revenue = 3,000 + 2,450 = 5,450
What you have done makes no sense at all!
