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Nel sells her car for $11,000 and her gold jewelry for $15,000. She spent a total of $24,000 to buy her car and the jewelry
Nel sells her car for $11,000 and her gold jewelry for $15,000. She spent a total of $24,000 to buy her car and the jewelry 3 years ago. What is the percentage of gain or loss obtained by selling her capital assets? Nel loses 7.8%. Nel gains 7.8%. Nel gains 8.33%. Nel loses 8.33%
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