Question-92: When you run below program, what would be printed on console.

You are entering input as 100000

A= int(input("Enter your income to calculate tax:"))

tax=0;           

if A> 100000:

    tax=A*30/100 ;

    tax= tax + tax*3.33/100;

    print ( "Your tax amount is " , round(tax))

elif 50000 < A< 100000:

    tax=A*20/100;

    tax= tax + tax*3.33/100;

    print ( "Your tax amount is " , round(tax))

else :

    print ( "Your tax amount is " , round(tax))

1. Your tax amount is 0
2. Get all Questions and Answer from here
3. You need to have paid subscription to access all questions
4. Thanks for considering Python Certification Material

Answer: A

Exp:

• If your income is more than or equal to 1 Lakh (.1 Million), you need to pay 30% tax
• If your income is more than 50K and less than Lakh (.1 Million), you need to pay 30% tax
• If you are liable to pay tax, then you have to pay 3.33% cess as well on calculated tax amount.
• Execute below program, and provide input and check what is your tax liability.
• Can you catch a loophole, in this program for calculation?

Loophole: We are not rightly calculating tax, when

You can access to full explanation to question and answer from this page.