#include using namespace std;int main() {//Write your main herereturn 0;To make a profit, a local store marks up the prices of its items by a certain percentage.Write a C++ program that reads:1. The original price of the item sold2. The percentage of the marked-up price3. The sales tax rate.The program then outputs:1. The original price of the item2. The percentage of the mark-up3. The store's selling price of the item4. The sales tax rate5. The sales tax6. The final price of the item.(The final price of the item is the selling price plus the sales tax.)Since your program handles currency, make sure to use a data type that can storedecimals.input 1: 100 29.9 8.6input 2: 23.95 30.29 7.9

Answered: #include using namespace std; int…

7th Edition

ISBN:9780133594140

Author:James Kurose, Keith Ross

Publisher:James Kurose, Keith Ross

Chapter1: Computer Networks And The Internet

Section: Chapter Questions

Problem R1RQ: What is the difference between a host and an end system? List several different types of end...

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Introduction

The below formulas are used to calculate selling price, sales tax and the final price:

If an item is sold for the markup percentage on the selling price then the selling price of the item is calculated is as follows
$s e l l i n g p r i c e = o r i g i n a l p r i c e \times (m a r k u p p r i c e / 100)$
If the sales tax range is given then the sales tax of the selling price is calculated as follows
$s a l e s t a x = s e l l i n g p r i c e \times (s a l e s t a x r a t e / 100)$
Then the final price of the item is calculated as follows
$f i n a l p r i c e = s e l l i n g p r i c e + s a l e s t a x$