Question

Please use C++ only

CSIT163 Project 1 - Taking Stock Recently, Joe Btfsplk purchased some stock in Acme Software, Inc. The details of the purchase are as follows: • 1,000 shares at $32.87 per share. • The stockbroker received $5 dollars plus a commission of 2% of the total purchase. Should he decide to sell, the stockbroker receives $5 dollars plus a commission of 2% of the total sale. Feeling jittery, Joe is considering selling the stock. The only thing is that he is unsure of is what price to sell at. Here are the details of what must be done: Write a program that accepts as user input, the proposed selling price and displays the following information: • The total amount of money Joe paid for the stock. • The fees paid to the stockbroker when the stock was purchased. • The total amount that the stock sold for. • The fees paid to the stockbroker when the stock was sold. • The profit that Joe realized from the purchase and sale transactions. Note that a loss would display as a negative value. All dollar amounts should be printed to 2 decimal places. For testing purposes, assume that the shares were sold at a price of $34.12 cents per share.

Answer 1

Answer is after the screenshot of the output

Feel free to clear any doubts :)

ANSWER:

#include<iostream>

#include<iomanip>

//iomanip is included to use fixed and setprecision

using namespace std;

int main()

{

//declare float variables

float buying_price,selling_price,profit,n,fees;

//take input from user

cout<<"Enter buying price of stock(per stock)\n";

cin>>buying_price;

cout<<"Enter number of stocks bought\n";

cin>>n;

cout<<"Enter selling price of stock(per stock)\n";

cin>>selling_price;

//fees is $5 for purchase, $5 for selling and 2% of total values of stocks bought/sold

fees=10.0+(0.02*buying_price*n)+(0.02*selling_price*n);

//profit is profit gained by selling stocks- fees

profit=((selling_price-buying_price)*n)-fees;

//print the result on the screen, setprecision sets number of digits after decimal point.

//fixed is used to display in normal floating point notation instead of exponential notation

cout<<"Total profit gained(negative if lost): "<<setprecision(2)<<fixed<<profit<<endl;

return 0;

}