Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You decide to buy some stocks for a certain price and then sell them at another price. Write a program that determines whether or not

You decide to buy some stocks for a certain price and then sell them at another price. Write a program that determines whether or not the transaction was profitable. Use string formatting.

image text in transcribed

You decide to buy some stocks for a certain price and then sell them at another price. Write a program that determines whether or not the transaction was profitable. Here are the details: Take three separate inputs: the number of shares, the purchase price of the stocks, and the sale price, in that order. You purchase the number of stocks determined by the input. When you purchase the stocks, you pay the price determined by the input. You pay your stockbroker a commission of 3 percent on the amount paid the stocks. Later, you sell the all of the stocks for the price determined by the You pay your stockbroker another commission of 3 percent on the amount you received for the stock. Your program should calculate your net gain or loss during this transaction and print it in the following format: If your transaction was profitable (or if there was a net gain/loss of 0) print: "After the transaction, you made 300 dollars." (If, for example, you gained 300 dollars during the transaction.) If your transaction was not profitable, print: "After the transaction, you lost 300 dollars." (If, for example, you lost 300 dollars during the transaction.) Use string formatting

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Databases questions