Chapter 5. PC #2. Retail Price Calculator (page 312)

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

If an items wholesale cost is 5.00 and its markup percentage is 100 percent, then the items retail price is 10.00.

If an items wholesale cost is 5.00 and its markup percentage is 50 percent, then the items 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.

Class name: RetailPriceCalculator

Standard Input

10 50 10 100 10 -100 -1 

Required Output

Please enter the wholesale cost or -1 exit: Please enter the markup percentage or -1 exit: The retail price is: 15.00 Please enter the wholesale cost or -1 exit: Please enter the markup percentage or -1 exit: The retail price is: 20.00 Please enter the wholesale cost or -1 exit: Please enter the markup percentage or -1 exit: The retail price is: 0.00 Please enter the wholesale cost or -1 exit: