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

Respuesta :

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