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  • 02-11-2017
  • Mathematics
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Marilyn purchased 3,000 shares of stock for 36.48 per share. She sold them for 49.20 per share . Express her capital gain to the nearest tenth of a percent

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zrh2sfo zrh2sfo
  • 02-11-2017
3000 * $36.48 =  $109,440 Cost of the Stock
3000 * $49.20 =  $147,600 Current Stock price when sold - Cost of the Stick when bought.
Capital Gain $38,160
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