Question

Program Gross Pay. Implement this program using functions.

Please pay attention to the requirements Function should have 1 parameter for gross salary. Return is net salary. Print out employee name and net salary.

Write a program to fetch employee name and the salary. Calculate the Federal tax and state tax based on the following criteria: If the salary is greater than 100000 then calculate the federal tax at 15% otherwise calculate the federal tax at 10% Calculate the state tax at 5% Calculate the net salary of the employee. To calculate the net salary, subtract federal and state tax from the gross salary.

(PYTHON 3 CODING USING FUNCTIONS)

Answer 1

def net_salary(salary):
    if salary > 100000:
        federal_tax = 0.15 * salary
    else:
        federal_tax = 0.10 * salary

    state_tax = 0.05 * salary

    return salary - (federal_tax + state_tax)


def main():
    name = input('Enter your name: ')
    salary = float(input('Enter salary: '))
    net = net_salary(salary)
    print('Employee\'s name is %s and Net salary is $%.2f' % (name, net))

main()

Enter your name: Enter salary: Employee's name is ronaldo and Net salary is $96000.00 Process finished with e xit code 0