Nadia is a stockbroker. She earns 11% commission each week, She sold $7,500 worth 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?

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