3. Write a java program to calculate the taxable amount and Tax as per following scenario: Calculate Taxable amount that will compute and display the taxable amount based on the following conditions: • If the type of tax is "Sales tax" and the yearly income is greater than 5000 then taxable amount is twice the yearly income. Otherwise taxable amount is the same as the yearly income. If the type of tax is “VAT tax" and the yearly income is greater than 5000 then the taxable amount is 3 times the yearly income. Otherwise, the taxable amount is twice the yearly income Calculate tax based on the below given conditions If type of tax is "Sales tax" and years to pay tax is greater than 1 year, then overall total tax is 3% of the taxable amount. But if years to pay tax are less than 1 year, then overall tax is 2% of the taxable amount. If type of tax is "VAT tax" and years to pay tax is greater than 1 year, then overall total tax is 4% of the taxable amount. But if the years to pay tax is less than 1 year, then overall total tax is 3% of the taxable amount. NOTE:- you have to use If Else If selection structure for this program :

Computer Networking: A Top-Down Approach (7th Edition)
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Author:James Kurose, Keith Ross
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Answer the question please.. java language
Sample input / output:
Tax Group :
Enter S or s for type <Sales Tax> and V or v doe <VAT Tax>
Enter income amount
5500
Enter Tax Pay years
5
Taxable Amount is 11000.0
Overall Total Tax = 330.0
Tax Group :
Enter S or s for type <Sales Tax> and V or v doe <VAT Tax>
Enter income amount
3200
Enter Tax Pay years
2
Taxable Amount is 6400.0
Overall Total Tax = 192.0
Transcribed Image Text:Sample input / output: Tax Group : Enter S or s for type <Sales Tax> and V or v doe <VAT Tax> Enter income amount 5500 Enter Tax Pay years 5 Taxable Amount is 11000.0 Overall Total Tax = 330.0 Tax Group : Enter S or s for type <Sales Tax> and V or v doe <VAT Tax> Enter income amount 3200 Enter Tax Pay years 2 Taxable Amount is 6400.0 Overall Total Tax = 192.0
3. Write a java program to calculate the taxable amount and Tax as per following scenario:
Calculate Taxable amount that will compute and display the taxable amount based on the
following conditions:
• If the type of tax is "Sales tax" and the yearly income is greater than 5000 then taxable
amount is twice the yearly income. Otherwise taxable amount is the same as the yearly
income. If the type of tax is “VAT tax" and the yearly income is greater than 5000 then
the taxable amount is 3 times the yearly income. Otherwise, the taxable amount is twice
the yearly income
Calculate tax based on the below given conditions
If type of tax is “Sales tax" and years to pay tax is greater than 1 year, then overall
total tax is 3% of the taxable amount. But if years to pay tax are less than 1 year, then
overall tax is 2% of the taxable amount. If type of tax is “VAT tax" and years to pay tax
is greater than 1 year, then overall total tax is 4% of the taxable amount. But if the years
to pay tax is less than 1 year, then overall total tax is 3% of the taxable amount.
NOTE:- you have to use If Else If selection structure for this program :
Transcribed Image Text:3. Write a java program to calculate the taxable amount and Tax as per following scenario: Calculate Taxable amount that will compute and display the taxable amount based on the following conditions: • If the type of tax is "Sales tax" and the yearly income is greater than 5000 then taxable amount is twice the yearly income. Otherwise taxable amount is the same as the yearly income. If the type of tax is “VAT tax" and the yearly income is greater than 5000 then the taxable amount is 3 times the yearly income. Otherwise, the taxable amount is twice the yearly income Calculate tax based on the below given conditions If type of tax is “Sales tax" and years to pay tax is greater than 1 year, then overall total tax is 3% of the taxable amount. But if years to pay tax are less than 1 year, then overall tax is 2% of the taxable amount. If type of tax is “VAT tax" and years to pay tax is greater than 1 year, then overall total tax is 4% of the taxable amount. But if the years to pay tax is less than 1 year, then overall total tax is 3% of the taxable amount. NOTE:- you have to use If Else If selection structure for this program :
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