Last month Joe purchased 100 shares of stock. Here are the details of the purcha

Question

Last month Joe purchased 100 shares of stock. Here are the details of the purchase:

- 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 months laer Joe sold the stock. Here are the details of the sale:

- 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 commision 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.

-The amount of profit or loss that Joe had after selling his stock and paying both broker commissions.

---Note: I must use #include <iomanip>

and I have only done programming up til Ch.3- C++ Early Objects by Tony Gaddis. So I cannot have programming methods beyond Ch.3 like if/else statements and loops (haven't learned those yet)

Explanation / Answer

#include<iostream.h>
#include<conio.h>
#include<iomanip.h>

void main()
{
   float p,c1,s,c2,tot;

   clrscr();

   p=100*32.87;
   cout<<" Amount of money paid for stock" <<p;
   c1=p*2/100;
   cout<<" Amount of commissiom paid for purchase of stock"<<c1;

   s=100*33.92;
   cout<<" Amount of money got from stock" <<s;
   c2=s*2/100;
   cout<<" Amount of commissiom paid for selling of stock"<<c2;

   tot=(s+c2)-(p+c1);
   cout<<" Amount of profit after selling stock and paying both commission is "<<tot;
   getch();
}

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