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Zachery sold 85 shares of stock for $65 a share. He paid $43 for it three years ago. How much was his capital gain?

Zachery sold 85 shares of stock for $65 a share. He paid $43 for it three years ago. How much was his capital gain?
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Zachery sold 85 shares of stock for $65 a share. He paid $43 for it three years ago. How much was his capital gain?

User Zeev Katz
by
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2 Answers

1 vote
The capital gain would be 1870
User Mahesh Madushanka
by
8.1k points
0 votes

Answer:

85*65=5525

85*43=3655

5525-3655=1870

Hope This Helps!!!

User Rudiger Wolf
by
8.2k points
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