Question 3 Toyota has just established an assembling plant in Ghana. To help increase the sale of their product the government has decided to reduce taxes paid on all cars produced by them. You are to write a java program that would be used to compute the tax and total amount to be paid on cars assembled at the plant. If on a trial bases your program should consider two cars "Yaris and Corolla" and their prices are Yaris GHS 50,000, Corolla GHS 60,000. The tax is 0.5% and 0.8% respectively. Your program should: a) Your program should allow the name of the car to be inputted from the keyboard. It should calculate and display the tax on the car. b) The program should be able to perform “a” 7 times c) Assuming sales have increased and the government has scraped the tax incentive and introduce a flat tax rate of 28% on any car purchased. Modify part of your code to calculate the new tax rate and explain how the Ghana Revenue Authority will be able to adopt your program to calculate taxes at the ports
Question 3
Toyota has just established an assembling plant in Ghana. To help
increase the sale of their product the government has decided to
reduce taxes paid on all cars produced by them. You are to write a
java program that would be used to compute the tax and total amount
to be paid on cars assembled at the plant. If on a trial bases your
program should consider two cars "Yaris and Corolla" and their prices
are Yaris GHS 50,000, Corolla GHS 60,000. The tax is 0.5% and 0.8%
respectively. Your program should:
a) Your program should allow the name of the car to be inputted from
the keyboard. It should calculate and display the tax on the car.
b) The program should be able to perform “a” 7 times
c) Assuming sales have increased and the government has scraped
the tax incentive and introduce a flat tax rate of 28% on any car
purchased. Modify part of your code to calculate the new tax rate and
explain how the Ghana Revenue Authority will be able to adopt your
program to calculate taxes at the ports
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