Final answer:
If you want to calculate the profit (profit), you can use the formula: profit = retail price - wholesale price. In Java, you can write the code as follows:
double retailPrice = 200000.0;
double wholesalePrice = 85000.0;
double profit = retailPrice - wholesalePrice;
System.out.println("Profit: " + profit);
This code defines the retail price as 200,000 and the wholesale price as 85,000. It then subtracts the wholesale price from the retail price to calculate the profit. Finally, it prints the profit.
Step-by-step explanation:
To design the logic and write Java code that calculates the profit as the retail price minus the wholesale price, you can follow these steps:
1. Declare variables for the retail price, wholesale price, and profit.
```java
double retailPrice;
double wholesalePrice;
double profit;
```
2. Assign values to the retail price and wholesale price variables.
```java
retailPrice = 100.0; // Replace with the actual retail price
wholesalePrice = 75.0; // Replace with the actual wholesale price
```
3. Calculate the profit by subtracting the wholesale price from the retail price.
```java
profit = retailPrice - wholesalePrice;
```
4. Now, the profit variable holds the calculated profit value. You can use it further in your code as needed.
Here's an example of the complete Java code:
```java
public class ProfitCalculator {
public static void main(String[] args) {
double retailPrice;
double wholesalePrice;
double profit;
retailPrice = 100.0; // Replace with the actual retail price
wholesalePrice = 75.0; // Replace with the actual wholesale price
profit = retailPrice - wholesalePrice;
System.out.println("The profit is: " + profit);
}
}
```
In this code, we calculate the profit by subtracting the wholesale price from the retail price and then print the result.
Please note that you need to replace the placeholder values for the retail price and wholesale price with the actual values you want to use in your calculation.