Question

You decide to buy some stocks for a certain price and then sell them at anotherprice. Write a program that determines whether or not the transaction wasprofitable. Here are the details:• Take three separate inputs: the number of shares, the purchaseprice 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 forthe stocks.• Later, you sell the all of the stocks for the price determined by the input.• You pay your stockbroker another commission of 3 percent on the amountyou received for the stock.Your program should calculate your net gain or loss during this transaction andprint 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.

Answer 1

Answer:

no_of_shares = int(input("Enter the number of shares: "))

purchase_price = float(input("Enter the purchase price of the stock: "))

sale_price = float(input("Enter the sale price of the stock: "))

total_stock_price = purchase_price*no_of_shares

total_spend_on_buying = total_stock_price + (0.03*total_stock_price)

total_sale_price = sale_price*no_of_shares

commission_while_selling = total_sale_price*0.03

net_gain_or_loss = total_sale_price - (total_spend_on_buying + commission_while_selling)

if(net_gain_or_loss<0):

print("After the transaction, you lost {} dollars".format(abs(net_gain_or_loss)))

else:

print("After the transaction, you made {} dollars".format(abs(net_gain_or_loss)))