Question

A stock broker receives a commission of 10% for selling stocks to her clients. If she sells $50,000 in stocks, how much commission would she earn?
A. $50
B. $500
C. $5000

Answer 1

c

Answer 2

50,000/ 10%

Answer 3

Just use the same method as you did in your last question.

Answer 4

So start by finding 1%

Answer 5

50

Answer 6

50,000/100*10%

Answer 7

Nope

Answer 8

50 is not correct but "50,000/100*10%" is the right method.

Answer 9

is it X by something else

Answer 10

No, basically by dividing 50,000 by 100 you find out what 1% is, so to find 10% you just multiply that by 10

So \[50000\div100=500\]will tell you what 1% of 50000 is.

Now you need to multiply the value of 1% by 10 to find the value of 10% \[500\times10=5000\]

Answer 11

so i was right n the beginning 5000

Answer 12

Yeah, I just wanted to explain that the method is always the same for this type of maths problem.