Retail price calculator Write a program that asks the user to enter an item’s wholesale cost and its markup percentage. It should then display the item’s retail price. For example: • If an item’s wholesale cost is 5.00 and its markup percentage is 100 percent, then the item’s retail price is 10.00. • If an item’s wholesale cost is 5.00 and its markup percentage is 50 percent, then the item’s retail price is 7.50. The program should have a method named calculateRetail that receives the wholesale cost and the markup percentage as arguments and returns the retail price of the item.

EBK JAVA PROGRAMMING
8th Edition
ISBN:9781305480537
Author:FARRELL
Publisher:FARRELL
Chapter2: Using Data
Section: Chapter Questions
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  1. Retail price calculator

Write a program that asks the user to enter an item’s wholesale cost and its markup percentage. It should then display the item’s retail price. For example:

• If an item’s wholesale cost is 5.00 and its markup percentage is 100 percent, then the item’s retail price is 10.00.
• If an item’s wholesale cost is 5.00 and its markup percentage is 50 percent, then the item’s retail price is 7.50.

The program should have a method named calculateRetail that receives the wholesale cost and the markup percentage as arguments and returns the retail price of the item.

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