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John buys 6 shares for $3 each. He sells them for $4. What is his capital gain?

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6+3+4=13

Explanation:

and if u multiple are divided u will get 6×3×4= 72 and if u divided 6÷3÷4=0.5and if u multiple and divide u will get 4.5

User Orange Receptacle
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2 votes

He bought them for $3 each and sold them for $4 each. That is a gain of $1 for each stock (4-3 = 1)

6 stocks x $1 = $6 total gain

User Signalpillar
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