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.