At a single point in time, Nadia has the following assets and debt:
| Item | Amount |
|---|---|
| Inherited shares | 2,400 shares |
| Market price per share | £18 |
| Savings | £6,800 |
| Loan owed | £20,000 |
Nadia then sells shares worth £9,000 and immediately uses all the money received to repay part of the loan.
Calculate Nadia's net wealth before the sale and her net wealth after the loan repayment.
64 exam-style questions on OCR GCSE Economics 3.3 Fair distribution of income, covering 3.3.1 Distribution of income and wealth, 3.3.2 Calculate income and wealth, and 3.3.3 Causes and consequences of income differences. Each one has a worked solution and a mark scheme showing where the marks go.