Question

The Stock Market Alexander is a stockbroker. He earns 12% 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

Answer:

• $864 per week
• $44928 per year

Step-by-step explanation:

Earning last week:

• 12% of $7200 =
• 12*$7200/100 =
• $864

Considering there are 52 weeks in a year, Alexander made in one year:

• $864*52 = $44928

Answer 2

Given :

• The Stock Market Alexander is a stockbroker.
• He earns 12% commission each week.
• Last week,he sold $7,200 worth of stocks.

To Find :

• 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?

Solution :

According to the question ,

• Profit = 12% of sell
• profit = 12% of $ 7200
• profit = 12/100 * $7200/
• profit = $864

Profit earned in a year :-

• n( weeks ) * $864
• 52*$864
• $ 44928