Question

A new author is in the process of negotiating a contract for a new romance novel. The publisher is offering three options. In the first option, the author is paid $5,000 upon delivery of the final manuscript and $20,000 when the novel is published. In the second option, the author is paid 12.5% of the net price of the novel for each copy of the novel sold. In the third option, the author is paid 10% of the net price for the first 4,000 copies sold, and 14% of the net price for the copies sold over 4,000. The author has some idea about the number of copies that will be sold and would like to have an estimate of the royalties generated under each option. Instructions Write a program that prompts the author to enter: The estimated number of copies that will be sold. The net price of each copy of the novel The program then outputs: The royalties under each option The best option the author could choose. Ex. If option 1 is the best, output Option 1 is the best (Use appropriate named constants to store the special values such as royalty rates and fixed royalties.)

Answer 1

import java.util.Scanner;

public class BookRevenue {

   public static void main(String[] args) {
       Scanner sc = new Scanner(System.in);
       System.out.print("Estimated number of copies sold: ");
       int num_of_copy = sc.nextInt();
      
       System.out.print("Price of each copy: ");
       double price_copy = sc.nextDouble();
      
       //option 1
       double opt1 = 5000; //paid upon delivery of final manuscript
      
       //20000 when novel is published.
       opt1 += 20000;
      
       /*------------Option 2--------------*/
       double opt2 = 0;
       //12.5% of net price
       opt2 = num_of_copy * price_copy* 12.5 / 100;
      
      
       /*---------------Option 3-------------*/
       double opt3 = 0;
      
       if(num_of_copy >= 4000)
       {
           //10% of first 4000 copies.
           opt3 = 4000 * price_copy * 10 / 100;
           //14% of rest
           opt3 += (num_of_copy - 4000) * price_copy * 14 / 100;
       }
       else
       {
           //10% of first 4000 copies.
           opt3 = num_of_copy * price_copy * 10 / 100;
       }
      
       System.out.println("Option-1: " + opt1);
       System.out.println("Option-2: " + opt2);
       System.out.println("Option-3: " + opt3);
      
       //checking which option is best.
       if(opt1 > opt2)
       {
           if(opt1 > opt3)
               System.out.println("Option-1 is the best option.");
           else
               System.out.println("Option-3 is the best option.");
       }
       else
       {
           if(opt2 > opt3)
               System.out.println("Option-2 is the best option.");
           else
               System.out.println("Option-3 is the best option.");
       }
   }
}