Question

O Re
Which IF statement computes the graduated tax for the middle bracket
(10,001 - 40,000)?
Income

​

Answer 1

Answer:

Step-by-step explanation:

0 % tax till 0 -10000

10% tax till 10001-40000

25% tax > 40000

Let say Taxable income = x

if (x < 10000)

{

Income tax =  0

}

Elseif ( x < 40000)

{

income tax = (10/100)(x - 10000)

}

Else

{ income tax = 3000 + (25/100) * ( x - 40000) }