Stock Transaction

Author: nirmalnishant645

Programming-Challenges/Fundamentals/src/com/challenges/StockTransaction.java

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+/*
+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 stockbroker 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 stockbroker 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.)
+ */
+
+package com.challenges;
+
+public class StockTransaction {
+    public static void main(String [] args) {
+
+        // Declare Variables
+
+        final int NO_OF_STOCKS = 1000;
+        final double COST_PRICE = 32.87;
+        final double COMMISSION_PERCENTAGE = 0.02;
+        final double SELLING_PRICE = 33.92;
+        double amtPaid;
+        double buyingCommission;
+        double amtReceived;
+        double sellingCommission;
+        double profit;
+
+        amtPaid = NO_OF_STOCKS * COST_PRICE;
+        buyingCommission = amtPaid * COMMISSION_PERCENTAGE;
+        amtReceived = NO_OF_STOCKS * SELLING_PRICE;
+        sellingCommission = amtReceived * COMMISSION_PERCENTAGE;
+        profit = (amtReceived - sellingCommission) - (amtPaid + buyingCommission);
+
+        System.out.println("Total Amount Paid by Joe: " + amtPaid);
+        System.out.println("Total commission paid while buying: " + buyingCommission);
+        System.out.println("Total Amount Received by Joe: " + amtReceived);
+        System.out.println("Total commission paid while selling: " + sellingCommission);
+        System.out.println("Total profit Joe made: " + profit);
+        System.out.println("*If the amount of profit is negative, then Joe lost money on the transaction.");
+    }
+}