Suppose you purchased 500 shares of stock in 2013 for $15 a share, and the price now is $20 a share. If you sell the stock, then your capital gain is

Name: Suppose you purchased 500 shares of stock in 2013 for $15 a share, and the price now is $20 a share. If you sell the stock, then your capital gain is
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Quizplus · Accepted Answer

The capital gain is calculated by subtracting the purchase price from the selling price, then multiplying by the number of shares. Here, it's ($20 - $15) * 500 = $5 * 500 = $2500.

Suppose You Purchased 500 Shares of Stock in 2013 for $15