Today my first product was sold which was of $2 .. but in my balance its showing $1 .. can i know why?
as a new Exclusive Author, you receive a 50% commission of every sale.
So, 50% of your $2 sale results in you receiving $1
As you sell more, your commission will grow, all the way up to 70%
You can read more on Payment Rates here: http://graphicriver.net/make_money/payment_rates