Concept explainers
Markup
Write a
• 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 function named calculateRetail that receives the wholesale cost and the markup percentage as arguments and returns the retail price of the item.
Input Validation: Do not accept negative values for either the wholesale cost of the item or the markup percentage.
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