A cycle hire business records the following sales in one day.
| Type of hire | Price per hire | Number of hires sold |
|---|---|---|
| Standard cycle | £14 | 72 |
| Electric cycle | £26 | 28 |
Calculate the business's total revenue from cycle hire that day. Show your working.
83 exam-style questions on OCR GCSE Economics 2.6 Production, covering 2.6.1 Role of producers, 2.6.2 Importance of production and productivity, 2.6.3 Calculate cost, revenue, profit and loss, 2.6.4 Explain cost, revenue, profit and loss, 2.6.5 Cost, revenue and profit for producers, and 2.6.6 Economies of scale. Each one has a worked solution and a mark scheme showing where the marks go.