$10\mathrm{.}3$ Practice $-$ Retail Price Calculator

Create an application that lets the user 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 $$5\mathrm{.}00$ and its markup percentage is $100$ percent, then the item's retail price is $$10\mathrm{.}00.$

If an item's wholesale cost is $$5\mathrm{.}00$ and its markup percentage is $50$ percent, then the item's retail price is $$7\mathrm{.}50.$

The program should include a method named calcRetail$()$ that receives the wholesale cost and the markup percentage as arguments and

then returns the calculated retail price of the item.

Your main method should display the wholesale cost, markup percentage, and retail price.

Example Output: Inputs of: $5100$

Markup: $100\%$

Cost: $$5\mathrm{.}00$

Retail: $$10\mathrm{.}00$

Note The output should be formatted so that the decimals align.

$570312\mathrm{.}4377004\mathrm{.}00330y7$

LAB

import java.util.Scanner;

public class PracticeBonus $\{$

public static void main$($String$[]$ args$)\{$

Scanner console $=$ new Scanner$($

Systen.in$)$;

$/*$ Type your code here. $*/$

$\}$

$\}$