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Nadia is a stockbroker. earns ​13% commission each week. Last​ week, sold ​$7,000 worth of stocks. How much did make last week in​ commission? If averages that same amount each​ week, how much did make in commission in​ 2011?

User Yvrose
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2 Answers

1 vote

Answer:

a). Nadia made a total of $825 last week in commission sales

b). The total amount Nadia in commission in 2011=$42,900

Step-by-step explanation: Step 1

Express the amount in commission she earns from her sales as follows;

C=S×r

where;

C=commission earned

S=total value of stock sales

r=commission rate

In our case;

C=unknown

S=$7,500

r=11%=11/100=0.11

replacing;

C=11% of 7,500

C=(11/100)×7,500

C=0.11×7,500=825

Nadia made a total of $825 last week in commission sales

b). To express the total amount she made in 2011, we derive the formula below;

Total amount (2011)=Average weekly commission×number of weeks in 2011

where;

Average weekly commission=$825

number of weeks in 2011=52

replacing;

Total amount (2011)=(825×52)=42,900

The total amount Nadia in commission in 2011=$42,900

User Josh Hansen
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4 votes

Answer:

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Explanation:

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User Lachanda
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