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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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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

User AlgoRythm
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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
User Nzifnab
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