7
QuizMultiple Choice

Income, Taxes, and Investment Strategy — Quiz

Question 7 • Personal Finance

What is a capital gain?

Answer
A
Income from a job
B
Payment from a company
C
Interest earned
D
Profit from selling an asset

Explanation

A capital gain is the profit made when you sell an asset, such as a stock or property, for more than you paid for it. Income from a job, company payments, and interest are different kinds of income. The correct choice is “Profit from selling an asset.”

AI-written and checked against the verified answer.

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