Answer:
2118 dollars
Step-by-step explanation:
His capital gain is the difference in the (sell - buy) prices multiplied by the number of shares (120).
120 * (85.89 - 68.24) = 120 * 17.65 = 2118
The capital gain is a short term gain (held under a year)
The amount is 2118 dollars.
Answer:
4.9%
Step-by-step explanation:
6600 * 107/100 = 66*107 = 7062.
3500 * 101/100 = 35x101 = 3535
7062+3535=10597. Original worth: 10100
10597-10100 = 497
497/10100 = 0.0492079208, or 4.92%, rounds to 4.9%
Answer:
-14/1-5x
Step-by-step explanation:
To find the original cost, divide the price he sold it for by the percentage:
5000 / 0.60 = 8,333.33
He bought the car for $8,333.33
