Capital Gain Calculator
Understanding Capital Gain
Capital gain refers to the profit earned from the sale of an asset.
Key Concepts:
- Purchase Price: The initial amount paid to acquire the asset.
- Selling Price: The amount received from the sale of the asset.
- Purchase Date: The date when the asset was acquired.
- Selling Date: The date when the asset was sold.
How it Works:
The calculator estimates the capital gain based on the purchase price, selling price, purchase date, and selling date of the asset.
Calculation Formula:
Capital Gain = Selling Price - Purchase Price