Write an algorithm in pseudo code form for the following problem and also draw a Flow chart for the same problem statement (5+5)View more random threads:
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There is a multinational company. In the company, there are deductions from the salary of the employee according to following rules:
i) If salary is less than 10,000 then no tax deduction and 4% of salary will be deducted as Well-fare fund every month.
ii) If salary is more than 10,000 and less than 20,000 then 3% of salary as tax deduction and 6% of remaining salary as employee well-fare fund will be deducted every month.
iii) If salary is equal to or more than 20,000 then 5 % of the salary as tax deduction and 8% of remaining salary as employee well-fare fund will be deducted every month .
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Take salary input from user and after appropriate deduction show the net payable amount for month.
Using Loop structure calculate the total salary; paid tax and well fare fund of that particular employee for two years and display these values at end.