How to store the returned value of setprecision() ?
For example:-
float fl = /* assign the value returned by setprecision() */ ;
How to store the returned value of setprecision() ?
For example:-
float fl = /* assign the value returned by setprecision() */ ;
 
    
    I think you're mixing up setprecision(). Let's clear it with an example shall we?
#include <iostream>     // std::cout, std::fixed
#include <iomanip>      // std::setprecision
int main () {
  double f =3.14159;
  std::cout << std::setprecision(5) << f << '\n';
  std::cout << std::setprecision(9) << f << '\n';
  std::cout << std::fixed;
  std::cout << std::setprecision(5) << f << '\n';
  std::cout << std::setprecision(9) << f << '\n';
  return 0;
}
See the double f? Okay so f has a value of 3.14159. And if we want to control how much places we need to show after the decimal place we'll use setprecision().
Sets the decimal precision to be used to format floating-point values on output operations.
Behaves as if member precision were called with n as argument on the stream on which it is inserted/extracted as a manipulator (it can be inserted/extracted on input streams or output streams).
This manipulator is declared in header .
and why do you need to use setprecision() for assigning value to a variable?
Hopefully this will give you a clear idea of how to use setprecision()
#include <iostream>  
#include <iomanip> 
using namespace std;
int main()
{
    double var = 10.0 / 3.0 ;
    cout << setprecision(10) << var;
    return 0;
}
result: 3.333333333
Let's say you are accepting an input float and you set the precision of the input
std::string s;
std::cin >> std::setprecision(3) >> s;
float f = std::stof(s);
https://en.cppreference.com/w/cpp/string/basic_string/stof
You could also do something similar with other streams
