Question

The stock market Nadia is a strockbroker . She earns 12% commission each week . Last week, she told $6,400 worth of stocks .How much did she make last week in commission ? If she averages that same amount each week , how much did she make in commission in 2011

Answer 1

She made $768 last week. She made $39,936 in 2011.

Explanation:

She sold 6400 last week.

She earns 12% of the amount sold per week.

So, 12% of 6400 is $768.

Now, there are 52 weeks in a year.

And she made 768 per week.

So, for the whole year, we multiply the amount made in 1 week by 52.

So, 52*768 is $39,936.