Calculate income tax for the given income by following the below rules: Total Income Rate (in %) First 10,000 AZN 0 Next 10,000 AZN 10 The remaining 20 Expected Output: For example, suppose the total income of the user is 45000 AZN. In this case income tax payable is: 10000*0% +10000*10% + 25000*20% = 6000 AZN.

Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
Section: Chapter Questions
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Calculate income tax for the given income by following the below rules:
Total Income
Rate (in %)
First 10,000 AZN
0
Next 10,000 AZN
10
The remaining
20
Expected Output:
4
For example, suppose the total income of the user is 45000 AZN. In this case income tax payable is:
10000*0% + 10000*10% + 25000*20% = 6000 AZN.
Do not forget to use comment tag in order to explain each line.
Transcribed Image Text:Calculate income tax for the given income by following the below rules: Total Income Rate (in %) First 10,000 AZN 0 Next 10,000 AZN 10 The remaining 20 Expected Output: 4 For example, suppose the total income of the user is 45000 AZN. In this case income tax payable is: 10000*0% + 10000*10% + 25000*20% = 6000 AZN. Do not forget to use comment tag in order to explain each line.
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