Question

Nadia is a stockbroker. She earns 13​% commission each week. Last​ week, she sold ​$4,500 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

Multiply amount sold by commission rate:

4500 x 0.13 = 585

She made $585 last week.

Multiply amount made in 1 week by 52 weeks ( 1 year = 52 weeks)

585 x 52 = 30,420

She made $30,420 in 2011