69.3k views
1 vote
Alexander is a Stockbroker. He earns 11% commission each week. Last week, he sold $7,100 worth of stocks. How much did he make last week in commission? If he averages that same amount each week, how much did he make in commission in 2011?

1 Answer

5 votes
commissions = 11% of $7100 = 0.11*$7100 = $781
Commissions in 2011 = 52 weeks * $782/week = $40,612
User Stefan Kunze
by
5.4k points