Write a program to accept the cost price of a bike qnd display the road tax to be paid according to the following criteria:Cost price(in Rs) Tax>100000 15%>50000 and <=100000 10%<=50000 5%
Question
Write a program to accept the cost price of a bike qnd display the road tax to be paid according to the following criteria:Cost price(in Rs) Tax>100000 15%>50000 and <=100000 10%<=50000 5%
Solution
Sure, here is a Python program that accepts the cost price of a bike and calculates the road tax based on the given criteria.
# Accept the cost price of the bike
cost_price = float(input("Enter the cost price of the bike: "))
# Calculate the road tax based on the cost price
if cost_price > 100000:
tax = cost_price * 0.15
elif cost_price > 50000 and cost_price <= 100000:
tax = cost_price * 0.10
else:
tax = cost_price * 0.05
# Display the road tax
print("The road tax to be paid is: ", tax)
This program first takes the cost price of the bike as input from the user. Then it checks the cost price against the given criteria to calculate the road tax. Finally, it prints the calculated road tax.
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