You purchased 100 shares of IminusTech stock for $40 per share 3 years ago. If you sold those shares today at the current market price of $150 per share, what would be your capital gain on the sale, ignoring all commissions?

Capital gain = $11,000

Explanation:

Capital gain / Loss is the difference between the value of a stock when it was sold less the cost of the shares when it was purchased.

Where the cost of the shares is more the sales value it becomes a capital loss and a gain is made if the opposite occurs.

The capital gain made on the stock of Iminus Tech is

= ($150 * 100) - ($40 * 100)

=$11,000

Capital gain = $11,000