142k views
0 votes
Jillian buys 200 shares of a company at $150 a share. She sells them at $175 a share. What is her capital gain or capital loss?

2 Answers

5 votes
200 x 150 = 30,000 to purchase
200 x 175 = 35,000 when selling

35000 - 30000 is 5,000 capital gain
User Dvanaria
by
8.7k points
7 votes

Answer:

Capital gain = $5000.

Explanation:

Given : Jillian buys 200 shares of a company at $150 a share. She sells them at $175 a share.

To find : What is her capital gain or capital loss.

Solution : We have given that cost price of a share = $150.

Selling price of a share is = $175.

Jillian Buy 200 shares at the rate of $150 .

And sell 200 share at the rate of $175.

Then total cost price of 200 share = 200 * 150 = $30000.

Total cost price of 200 share = 200 * 175= $35000.

Then, selling price is greater than the cost price so, it would be profit.

Capital gain = selling price - cost price

Capital gain= 35000 = 30000.

Capital gain = $5000.

Therefore, Capital gain = $5000.

User MayeulC
by
8.5k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories