Last month Joe purchased some stock in Acme Software, Inc. Here are the details

Question

Last month Joe purchased some stock in Acme Software, Inc. Here are the details of
the purchase:
• The number of shares that Joe purchased was 1,000.
• When Joe purchased the stock, he paid $32.87 per share.
• Joe paid his stock broker a commission that amounted to 2% of the amount he
paid for the stock.
Two weeks later Joe sold the stock. Here are the details of the sale:
• The number of shares that Joe sold was 1,000.
• He sold the stock for $33.92 per share.
• He paid his stock broker another commission that amounted to 2 % of the
amount he received for the stock.

Write a program that displays the following information:
• The amount of money Joe paid for the stock.
• The amount of commission Joe paid his broker when he bought the stock.
• The amount that Joe sold the stock for.
• The amount of commission Joe paid his broker when he sold the stock.
• Display the amount of profit that Joe made after selling his stock and paying the
two commissions to his broker. (If the amount of profit that your program displays
is a negative number, then Joe lost money on the transaction.)

Explanation / Answer

#include <iostream> #include<cmath> using namespace std; int main() { double shares_purchased = 1000,paid = 32.87,commision_purchased = 0.02; double shares_sold =1000,sold_paid=33.97,commisionreceived = 0.02; double totalpaid_purchase = (32.87 * 1000); double totalcommisiom_purchased = (0.02*totalpaid_purchase); double soldamout = (33.92*1000); double soldcommision = (soldamout*0.02); double profit = (soldamout - (totalpaid_purchase +totalcommisiom_purchased+soldcommision)); cout<<"The amount of money Joe paid for the stock is : $ " <<totalpaid_purchase; cout<<" The amount of commission Joe paid his broker when he bought the stock : " << totalcommisiom_purchased ; cout<<" The amount that Joe sold the stock for $ " <<soldamout; cout<<" The amount of commision Joe paid his broker when he sold the stock : " <<soldcommision; cout<<" Total Profit is: "<<profit; cout<<" He lost money on the transcation "; system ("pause"); return 0; }
I hope this will helps to You !

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