Question: (Using python lang.) Marketing Terms?The markup of an item is the difference between its selling price and its purchase price. Two other marketing terms are
(Using python lang.)
Marketing Terms?The markup of an item is the difference between its selling price and its purchase price. Two other marketing terms are percentage markup=makeup/(purchase price) and profit margin= makeup/(selling price) where the quotients are expressed as percentages. Write a program that computes the markup, percentage markup, and profit margin of an item.
Note: The output format of your program should be exactly the same as given below
One possible outcome:
Enter purchase price: 215
Enter selling price: 645
Markup: $430.0
Percentage markup: 200.0%
Profit margin: 66.67%
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