Help with a Tax Table
Hi all,
I am new to the forum and also to C++ programming. One of my projects is that I have to write a program that calculates taxes for different brackets. I have the following brackets:
0 to 4999-----pay no taxes
5000 to 14,999---pays 10%
15000 to 34999---pays 15%
and from 35,000---pays 20%
If someone makes 50k then, they will pay 0 for the first 5k, then I need to calculate 10% for the next 10k, 15% for next 20k, and finally 20% for the 15k over 35k.
Obviously, the first bracket is the easiest one. I was thinking using a loop but I don't think I can use while loop.
Can you you guys give me ideas(no code of course) on how should I break this up?
Thanks,
I am new to the forum and also to C++ programming. One of my projects is that I have to write a program that calculates taxes for different brackets. I have the following brackets:
0 to 4999-----pay no taxes
5000 to 14,999---pays 10%
15000 to 34999---pays 15%
and from 35,000---pays 20%
If someone makes 50k then, they will pay 0 for the first 5k, then I need to calculate 10% for the next 10k, 15% for next 20k, and finally 20% for the 15k over 35k.
Obviously, the first bracket is the easiest one. I was thinking using a loop but I don't think I can use while loop.
Can you you guys give me ideas(no code of course) on how should I break this up?
Thanks,
If the person makes N money:
1. If N >= 35000, then they pay 20% of (N - 34999), 15% of 20000, and 10% of 10000
2. If N > 14999 and N < 35000, then they pay 15% of (N - 14999) and 10% of 10000
3. If N > 4999 and N < 15000, then they pay 10% of (N - 4999)
4. If N < 5000 then they pay nothing
No loop necessary, just 4 cases.
1. If N >= 35000, then they pay 20% of (N - 34999), 15% of 20000, and 10% of 10000
2. If N > 14999 and N < 35000, then they pay 15% of (N - 14999) and 10% of 10000
3. If N > 4999 and N < 15000, then they pay 10% of (N - 4999)
4. If N < 5000 then they pay nothing
No loop necessary, just 4 cases.
Uh... just like it says in the description.
1) total amount < 5000?
1.1)yes: final amount is the total amount. done.
1.2)no: substract 5000 from total and add to the final amount.
2) total amount < 10000?
2.1)yes: add 90% of the total amount to the final amount. done.
2.2)no: substract 10000 from the total, add 90% (9000) of that to the final amount.
3) total amount < 20000?
3.1)yes: Add 85% of total to final amount. done.
3.2)no: substract 20k and add 85% (17000) of that to final.
4) add 80% of total amount to final. done.
taxes are total - final.
Could also easily be generalized, but that might be beyond you at your current stage.
1) total amount < 5000?
1.1)yes: final amount is the total amount. done.
1.2)no: substract 5000 from total and add to the final amount.
2) total amount < 10000?
2.1)yes: add 90% of the total amount to the final amount. done.
2.2)no: substract 10000 from the total, add 90% (9000) of that to the final amount.
3) total amount < 20000?
3.1)yes: Add 85% of total to final amount. done.
3.2)no: substract 20k and add 85% (17000) of that to final.
4) add 80% of total amount to final. done.
taxes are total - final.
Could also easily be generalized, but that might be beyond you at your current stage.
Last edited on
@Shacktar:
I am looking at your solutions helps me think how I am going to approach it. I do need to create a loop and use break to exit the loop with negative amounts (part of the homework).
@Hanst99:
In my first try, I kind of wrote it like you are talking about but I am sure I made a mistake because it would not calculate taxes on amounts greater than 5k.
I will work with the bigest amount first and work my way down but I do need a lop.
Thanks,
Richard.
I am looking at your solutions helps me think how I am going to approach it. I do need to create a loop and use break to exit the loop with negative amounts (part of the homework).
@Hanst99:
In my first try, I kind of wrote it like you are talking about but I am sure I made a mistake because it would not calculate taxes on amounts greater than 5k.
I will work with the bigest amount first and work my way down but I do need a lop.
Thanks,
Richard.
| I do need to create a loop and use break to exit the loop with negative amounts (part of the homework). |
That loop is just to get input though. You would ask the user for input in a loop and stop when the user inputs a negative number. A loop is not required for the tax calculation unless you generalize it.
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