Question

She receives 4% commission on each class-A security she sees and 3% on each class-B security she sells.If Ms.Kuo sells $90,100 worth of class-A securities and $56,350 worth of class-B securities in 3 months,what will her total salary be for these 3 months?

Answer 1

4% of Class A = 4% of 90 100 = 0.04*90100 = 3604

3% of Class B = 3% of 56 350 = 0.03 * 56350 = 1690.5

Her total commission for the 3 months:

= 3604 + 1690.5 = 5294.5

Her total commission for the 3 months is $5, 294.50

Hope this helps.