Alcoa was $10.02 a share yesterday. today it is at $9.75 a share. if you own 50 shares, did ou have capital gain or loss ? how much of a gain or loss did you have ? express the capital gain/loss as a percent of the original price

A. Capital loss.

B. Capital loss = 2.69%

Step-by-step explanation:

We have been given that  Alcoa bought 50 shares at $10.02 yesterday. Today the share is at $9.75.

Let us find change in share's value.

Since the value of share decreased $0.27, therefore, we will have a capital loss.

Let us find the purchase price and revenue generated from selling 50 shares.

So the purchasing cost of 50 shares will be $501.

So, after selling our 50 shares we will get $487.5.

We will use percentage change formula to find our loss percent.

As we are getting a negative percentage, therefore, we have a capital loss of 2.69%.