Question

Alexander is a stockbroker. He earns 11​% commission each week. Last​ week, he sold ​$7,200 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?

Answer 1

Last week Alexander earned $792 in commissions.

Explanation:

Giving the following information:

Commission= 11%

Sales= $7,200

To calculate the total commission, we need to use the following formula:

Total commission= commission rate*sales

Total commission= 0.11*7,200

Total commission= $792

Last week Alexander earned $792 in commissions.

Explanation: