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3 years ago

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?

Mathematics

2 answers:

poizon [28]3 years ago

5 0

Answer:

Capital gain = $5000.

Step-by-step 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.

Radda [10]3 years ago

4 0

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

35000 - 30000 is 5,000 capital gain

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