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Calculate the income tax for an income of $70k by adhering to the rules below: First $10k: 0 = 0 Next $10k: 10 = 10 Following $10k: 20 = 20 Remaining amount: 30 in C++

C++

#include <iostream>
using namespace std;
int main() {
    int income = 70000; //income is $70k
    int tax = 0; //tax is 0% for the first $10k

if (income > 10000) { //if income is greater than $10k, then tax is 10% for the next $10k
        tax = 1000; //tax is 10% of the next $10k which is 1000
        income -= 10000; //income minus the first $10k which is 10000

if (income > 10000) { //if income is greater than $20k, then tax is 20% for the following $10k
            tax += 2000; //tax plus 20% of the following $10k which is 2000
            income -= 10000; //income minus the second $10k which is 10000

if (income > 0) {//if income left after deducting both first and second 10ks, then tax will be 30% of that amount. 
                tax += (0.3 * income);//tax plus 30% of that amount.

}

} else {//if there's no more than 20ks, then just add 20% to whatever left from previous calculation.

tax += (0.2 * income);//add 20% to whatever left from previous calculation.

}

} else {//if there's no more than 10ks, then just add 10% to whatever left from previous calculation.

tax += (0.1 * income);//add 10% to whatever left from previous calculation.

}

cout << "The total amount of taxes you have to pay: " << "$" << tax << endl;//print out total taxes you have to pay in dollars format with a dollar sign in front of it.  
}

AI coding assistant for busy programmers

Calculate the income tax for an income of $70k by adhering to the rules below: First $10k: 0 = 0 Next $10k: 10 = 10 Following $10k: 20 = 20 Remaining amount: 30 in C++

C++

🤖 Code Explanation

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