A country charges income tax as follows based on one's gross salary. No tax is charged on the first 20% of salary. The remaining 80% is called taxable income. Tax is paid as follows: 10% on the first $15,000 of taxable income; 20% on the next $20,000 of taxable income; 25% on all taxable income in excess of $35,000; Write a program to read a value for a person's salary and print the amount of tax to be paid in dollars. ● ● .

Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
Section: Chapter Questions
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Question:
A country charges income tax as follows based on one's gross salary. No tax is charged on the
first 20% of salary. The remaining 80% is called taxable income. Tax is paid as follows:
10% on the first $15,000 of taxable income;
20% on the next $20,000 of taxable income;
25% on all taxable income in excess of $35,000;
Write a program to read a value for a person's salary and print the amount of tax to be paid in
dollars.
.
●
.
Additionalind.
Transcribed Image Text:Question: A country charges income tax as follows based on one's gross salary. No tax is charged on the first 20% of salary. The remaining 80% is called taxable income. Tax is paid as follows: 10% on the first $15,000 of taxable income; 20% on the next $20,000 of taxable income; 25% on all taxable income in excess of $35,000; Write a program to read a value for a person's salary and print the amount of tax to be paid in dollars. . ● . Additionalind.
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