In C++ Write a function that has an double as a parameter and
returns a double through the function call. (Be
Original)
The parameter is the income for a single person and the return value is the amount of income tax owed.
Use the Schedule X – Single table below.
Write a main function to test the function you have written.
You are required to used
nested if … else if … else if … else
to determine the calculation to use for the tax.
Schedule X — Single
If taxable income is over-- |
But not over-- |
The tax is: |
$0 |
$7,550 |
10% of the amount over $0 |
$7,550 |
$30,650 |
$755 plus 15% of the amount over 7,550 |
$30,650 |
$74,200 |
$4,220.00 plus 25% of the amount over 30,650 |
$74,200 |
$154,800 |
$15,107.50 plus 28% of the amount over 74,200 |
$154,800 |
$336,550 |
$37,675.50 plus 33% of the amount over 154,800 |
$336,550 |
no limit |
$97,653.00 plus 35% of the amount over 336,550 |
#include <iostream>
using namespace std;
double getTax(double income){
double tax=0;
if(income<=7550){
tax=income*0.1;
}
//checkinf for slab1
if(income>7550 && income<=30650){
tax=755;
tax=tax+(income-7550)*0.15;
}
//checkinf for slab2
if(income>30650 && income<=74200){
tax=755;
tax=tax+(30650-7550)*0.15;
tax=tax+(income-30650)*0.25;
}
//checkinf for slab3
if(income>74200 && income<=154800){
tax=755;
tax=tax+(30650-7550)*0.15;
tax=tax+(74200-30650)*0.25;
tax=tax+(income-74200)*0.28;
}
//checkinf for slab4
if(income>154800 && income<=336550){
tax=755;
tax=tax+(30650-7550)*0.15;
tax=tax+(74200-30650)*0.25;
tax=tax+(154800-74200)*0.28;
tax=tax+(income-154800)*0.23;
}
//checkinf for slab5
if(income>336550){
tax=755;
tax=tax+(30650-7550)*0.15;
tax=tax+(74200-30650)*0.25;
tax=tax+(154800-74200)*0.28;
tax=tax+(336550-154800)*0.33;
tax=tax+(income-336550)*0.35;
}
return tax;
}
int main(){
double income;
cout<<"Enter income: ";
cin>>income;
cout<<"Tax : "<<getTax(income);
}
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