In January 2018 Karl sells a one -quarter interest in a chattel for 2,500. On the date
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In January 2018 Karl sells a one -quarter interest in a chattel for £2,500. On the date of this sale, the remaining three -quarters interest is valued at £8 ,500. The chattel had cost Karl £3,850 in January 2009. Compute the chargeable gain.
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