Question

Linda is starting a new cosmetic and clothing business and would like to make a net profit of approximately 10% after paying all the expenses, which include merchandise cost, store rent, employees’ salary, and electricity cost for the store.

She would like to know how much the merchandise should be marked up so that after paying all the expenses at the end of the year she gets approximately 10% net profit on the merchandise cost.

Note that after marking up the price of an item she would like to put the item on 15% sale.

Instructions

Write a C++ program that prompts Linda to enter:

1. The total cost of the merchandise
2. The salary of the employees (including her own salary)
3. The yearly rent
4. The estimated electricity cost.

The program then outputs how much the merchandise should be marked up (as a percentage) so that Linda gets the desired profit.

Answer 1

#include<iostream>

using namespace std;

int main()
{
   //A good approximation of 10% profit, after applying 15% discount,
   // is to simply increase by 20%.

   double totalCost;
   double totalSalary;
   double yearlyRent;
   double estimatedElectricityCost;
  
   cout<<"Enter merchandise cost: ";
   cin>>totalCost;
  
   cout<<"Enter total salary: ";
   cin>>totalSalary;
  
   cout<<"Enter yearly rent: ";
   cin>>yearlyRent;
  
   cout<<"Enter estimated electricity cost: ";
   cin>>estimatedElectricityCost;
  
   double expense = (totalCost + totalSalary + yearlyRent + estimatedElectricityCost);
   double percent = (expense * 20) / totalCost;
     
   cout<<"Merchendise should be marked "<<percent<<" % up.";
     
   return 0;
}

Output:

CAUsersluser Documents Chegg 15feb.exe Enter merchandise cost: 1000 Enter total salary: 600 Enter yearly rent: 500 Enter estimated electricity cost: 600 Merc hendise shouid be marked 54 % up. Process exited after 9.196 seconds with return value 0 Press any key to continue - - - 19 cin>>totalSalary,