AdvAlg Review 1.6-1.7-1.8 & 1.9

Five years ago, Julianne purchased stock for $9,433. Yesterday, she sold the stock for $10,219.

What was her gross capital gain?

• $786

• $500

• $1000

• $1200

A few years ago, Melky bought 100 shares of a cologne company’s stock for $16.77 per share.

Last month she sold all of the shares for $11.88 per share. What was her loss?

• $489

• $300

• $150

• $600

• 27.7%

• 20.5%

• 30.2%

• 25.0%

Mike bought shares of a brand new corporation that manufactures dish antennas. He bought the stock years ago for $4,100. He recently sold this stock for $7,100. Express his capital gain as a percent of the original purchase price. Express her loss as a percent of the purchase price. Round to the nearest percent.

• 42.2

• 42.3%

• 73.2%

• 74.0%

Fran bought shares in a supermarket chain in early 2008 for $21.11 per share. She sold them later in that same year for $20 per share. Express her loss as a percent of the purchase price. Round to the nearest percent.

• 5%

• 6%

• 7%

• 9%

Jake bought 540 shares of Sound Foundations stock years ago for $44.50 per share. He sold them yesterday for $49.54 per share.

a. What was the percent increase in the price per share, rounded to the nearest percent?

• 5%

• 10

• 11%

• 15%

Jake bought 540 shares of Sound Foundations stock years ago for $44.50 per share. He sold them yesterday for $49.54 per share.

b. What was the percent capital gain for the 540 shares, rounded to the nearest percent?

• 8%

• 15%

• 5%

• 11%

Lisa bought h shares of Home Depot stock for x dollars per share. She sold all of the shares years later for y dollars per share. Express her capital gain algebraically.

• hex

• hy - hx

• hx - hy

• hy / hx

Jack bought w shares of Xerox stock for a total of t dollars.

Write an expression for the price he paid per share.

• tw

• t + w

Bill purchased shares of Apple for a dollars per share. He plans to sell them as soon as the price rises 20%. Express the price he will sell his shares at algebraically.

• 0.8a

• 1.5a

• 1.2a

• 2a