The total revenue from sales of a product can be calculated using the formula , where T is the total

Question

The total revenue from sales of a product can be calculated using the formula $T equals, P Q$ , where T is the total revenue, P is the price of the product, and Q is the quantity of the product sold. Which of the following equations gives the quantity of product sold in terms of P and T ?

A.

$Q equals, P over T$

B.

$Q equals, T over P$

C.

$Q equals, P T$

D.

$Q equals, T minus P$

Accepted Answer

Choice B is correct. Solving the given equation for Q gives the quantity of the product sold in terms of P and T . Dividing both sides of the given equation by P yields , or . Therefore, gives the quantity of product sold in terms of P and T . Choice A is incorrect and may result from an error when dividing both sides of the given equation by P. Choice C is incorrect and may result from multiplying, rather than dividing, both sides of the given equation by P . Choice D is incorrect and may result from subtracting P from both sides of the equation rather than dividing both sides by P .

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