The profit from the sale of a stock can be calculated as follows: Profit ((NS SP) SC) ((NS PP) PC)where NS is the number of shares, SP is the sale price per share, SC is the sale commission paid, PP is the purchase price per share, and PC is the purchase commission paid. If the calculation yields a positive value, then the sale of the stock resulted in a profit. If the calculation yields a negative number, then the sale resulted in a loss.Write a function that accepts as arguments the number of shares, the purchase price per share, the purchase commission paid, the sale price per share, and the sale commission paid. The function should return the profit (or loss) from the sale of stock.Demonstrate the function in a program that asks the user to enter the necessary data and displays the amount of the profit or loss.

Computer Networking: A Top-Down Approach (7th Edition)
7th Edition
ISBN:9780133594140
Author:James Kurose, Keith Ross
Publisher:James Kurose, Keith Ross
Chapter1: Computer Networks And The Internet
Section: Chapter Questions
Problem R1RQ: What is the difference between a host and an end system? List several different types of end...
icon
Related questions
Question

The profit from the sale of a stock can be calculated as follows:

Profit ((NS SP) SC) ((NS PP) PC)
where NS is the number of shares, SP is the sale price per share, SC is the sale commission paid, PP is the purchase price per share, and PC is the purchase commission paid. If the calculation yields a positive value, then the sale of the stock resulted in a profit. If the calculation yields a negative number, then the sale resulted in a loss.
Write a function that accepts as arguments the number of shares, the purchase price per share, the purchase commission paid, the sale price per share, and the sale commission paid. The function should return the profit (or loss) from the sale of stock.
Demonstrate the function in a program that asks the user to enter the necessary data and displays the amount of the profit or loss.

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Similar questions
Recommended textbooks for you
Computer Networking: A Top-Down Approach (7th Edi…
Computer Networking: A Top-Down Approach (7th Edi…
Computer Engineering
ISBN:
9780133594140
Author:
James Kurose, Keith Ross
Publisher:
PEARSON
Computer Organization and Design MIPS Edition, Fi…
Computer Organization and Design MIPS Edition, Fi…
Computer Engineering
ISBN:
9780124077263
Author:
David A. Patterson, John L. Hennessy
Publisher:
Elsevier Science
Network+ Guide to Networks (MindTap Course List)
Network+ Guide to Networks (MindTap Course List)
Computer Engineering
ISBN:
9781337569330
Author:
Jill West, Tamara Dean, Jean Andrews
Publisher:
Cengage Learning
Concepts of Database Management
Concepts of Database Management
Computer Engineering
ISBN:
9781337093422
Author:
Joy L. Starks, Philip J. Pratt, Mary Z. Last
Publisher:
Cengage Learning
Prelude to Programming
Prelude to Programming
Computer Engineering
ISBN:
9780133750423
Author:
VENIT, Stewart
Publisher:
Pearson Education
Sc Business Data Communications and Networking, T…
Sc Business Data Communications and Networking, T…
Computer Engineering
ISBN:
9781119368830
Author:
FITZGERALD
Publisher:
WILEY