General Knowledge - Basic General Knowledge - Discussion
Discussion Forum : Basic General Knowledge - Section 4 (Q.No. 38)
38.
Profit made when an asset is sold more than the price at which it was bought is called
Discussion:
3 comments Page 1 of 1.
Srinivas said:
8 years ago
Explain it.
Suresh Kumawat said:
1 decade ago
Capital gains are calculated as follows:
Selling price
Minus Selling fees & commissions
Minus Buying fees & commissions
Minus Purchase price
= Profit (or Loss if negative).
Selling price
Minus Selling fees & commissions
Minus Buying fees & commissions
Minus Purchase price
= Profit (or Loss if negative).
Suresh Kumawat said:
1 decade ago
A capital gain is the difference between what you paid for an investment and what received when you sold that investment.
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