Using the IDE of your choice, write a method that takes in the price of a sales

Question

Using the IDE of your choice, write a method that takes in the price of a sales item, calculates the final price of the item after applying a 7% sales tax, and prints the final price of the item, compile and test your method, and copy the final code to a file in GitHub under the project that I was invited to collaborate on from the Lab assignments from the week of Jan 23 - 27th, Your final assignment submission should include: 1. a copy in the file format or through text submission of all of the code for the method finished.

Explanation / Answer

InterestCalculator.java

import java.util.Scanner;

public class InterestCalculator {

   public static void main(String[] args) {
      
       double price;
      
       //Scanner object is used to get the inputs entered by the user
       Scanner sc=new Scanner(System.in);
      
       System.out.print("Enter Price of the sales Item :$");
       price=sc.nextDouble();
      
       double newPrice=calTax(price);
       System.out.println("The New Price after applying tax@7% is : $"+newPrice);

   }

   /* This method will apply the Tax @7% on the sales Price
   * @Params price of double type
   * @return newPrice of Double type
   */
   private static double calTax(double price) {
       double newPrice=price+(price*0.07);
       return newPrice;
   }

}

___________________

Output:

Enter Price of the sales Item :$500
The New Price after applying tax@7% is : $535.0

______________Thank You

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