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
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