Question

mitchell bought 600 shares of centroco two years ago for 34.50 per share he sold them yesterday for 38.64 per share what was the percent capital gain for the 600 shares ?

Answer 1

The number of shares won't matter for the percent gain, also called the return:

$\dfrac{38.64}{34.50} - 1 = 0.12$

Answer: 12%