Question

Gain and loss explain​

Answer 1

Answer:

Definition: Capital gain is the profit one earns on the sale of an asset like stocks, bonds or real estate. It is the difference between the selling price (higher) and cost price (lower) of the asset. ... Capital loss arises when the cost price is higher than the selling price.

Answer 2

Answer:

definition:

Capital gain is the profit one earns on the sale of an asset like stocks, bonds or real estate. It is the difference between the selling price (higher) and cost price (lower) of the asset. ... Capital loss arises when the cost price is higher than the selling price.

Explanation:

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