C++ Programming : Program 28-A

Program to enter salary and output income tax and net salary

#include <iostream.h> #include <conio.h> void main() { clrscr(); int itrate; float salary,itax,nsalary=0; cout << "Enter the salary : "; cin>>salary; if(salary>15000) { itax=salary*30/100; itrate=30; } else if(salary>=7000) { itax=salary*20/100; itrate=20; } else { itax=salary*10/100; itrate=10; } nsalary=salary-itax; cout << "Salary = $" << salary << endl; cout << "Your income tax @ " << itrate << "% = $" << itax << endl; cout << "Your net salary = $" << nsalary << endl; getch(); }

This program takes in the salary of the employee as a screen input from the user.
It then deducts the income tax from the salary on the following basis :
30% income tax if the salary is above $15000.
20% income tax if the salary is between $7000 and $15000.
10% income tax if the salary is below $7000.
The salary, income tax and the net salary is then outputted using the 'cout' command.

12000

Salary = $12000 Your income tax @ 20% = $2400 Your net salary = $9600

Index of C++ Programs

C++ Programming
27-A

C++ Programming
29-A

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