Question

Alexander is a stockbroker he earns 11% commission each week last week he sold $7,200 worth of stocks how much money did he make last week in commission

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.