Oliva is a stockbrocker. She makes 4% of her sales in commission. Last week, she sold $7,200 worth of stocks.
A. How much commission did she make last week?
B. If she were to average that same commission each week, how much would she make in commissions in a year, treating a year as having exactly 52 weeks?

A) Commission made last week is $ 288

B) Commissions earned in a year,treating a year as having exactly 52 weeks is $ 14976

Solution:

From given,

Commission rate = 4 %

Last week,she sold $7,200 worth of stocks

A. ) How much commission did she make last week?

Therefore,

Thus commission made last week is $ 288

B)

Given that,

If she were to average that same commission each week

To find the commissions earned in a year, treating a year as having exactly 52 weeks

Therefore,

Thus commissions earned in a year,treating a year as having exactly 52 weeks is $ 14976