Question

Goals: Concepts related to conditional statements in Python. This is a Python program. You DON’T need loops for this.

Below is the programming task.

An employee is paid at a rate of $17.25 per hour for up to 40 regular hours worked in a week. If the employee works more than 40 hours, it is considered overtime. Any hours over 40 hours but less than or equal to 60 are paid at the overtime rate ($12.34 per hour). Any hours over 60 hours but less than equal to 80 hours are paid at the overtime rate ($14.34 per hour). Any hours over 80 hours are paid at the overtime rate ($16.00 per hour).

From the worker’s gross pay, 14% is withheld for federal income tax, 5% is withheld for state income tax. $80 is withheld to cover the insurance of the worker and 2 dependents. If the worker has more than 2 dependents, then an additional $25 is withheld per dependent for insurance. Write a python program that will read in the name of the employee, number of hours worked in a week and the number of dependents as input. The program should then output the worker’s name, number of dependents, gross pay, each withholding amount, and the net take-home pay for the week.

Note that the ONLY INPUTS the user provides are

- The employee’s name.

- The number of hours worked in the week.

- The number of dependents.

Below are four Sample I/O

Net Paycheck Calculator

Employee's Name: John Smith

Number of Hours Worked in a Week: 43

Number of Employee's Dependents: 3

---------------------------------------------------------------------

Employee's name :John Smith

Number of Dependents :3

Hours worked :43

Overtime hours :3

Gross Income :$727.02

State Tax Withheld @ 5% :$36.35

Federal Tax Withheld @ 14% :$101.78

Worker and 2 Dependents' Insurance :$80.00

Additional Dependents' Insurance :$25.00

---------------------------------------------------------------------

Net Take Home Pay :$483.89

Net Paycheck Calculator

Employee's Name: John Smith

Number of Hours Worked in a Week: 63

Number of Employee's Dependents: 0

---------------------------------------------------------------------

Employee's name :John Smith

Number of Dependents :0

Hours worked :63

Overtime hours :23

Gross Income :$979.82

State Tax Withheld @ 5% :$48.99

Federal Tax Withheld @ 14% :$137.17

Worker and 2 Dependents' Insurance :$80.00

Additional Dependents' Insurance :$0.00

---------------------------------------------------------------------

Net Take Home Pay :$713.65

Net Paycheck Calculator

Employee's Name: John Smith

Number of Hours Worked in a Week: 35

Number of Employee's Dependents: 2

---------------------------------------------------------------------

Employee's name :John Smith

Number of Dependents :2

Hours worked :35

Overtime hours :0

Gross Income :$603.75

State Tax Withheld @ 5% :$30.19

Federal Tax Withheld @ 14% :$84.53

Worker and 2 Dependents' Insurance :$80.00

Additional Dependents' Insurance :$0.00

---------------------------------------------------------------------

Net Take Home Pay :$409.04

Net Paycheck Calculator

Employee's Name: John Smith

Number of Hours Worked in a Week: 82

Number of Employee's Dependents: 4

---------------------------------------------------------------------

Employee's name :John Smith

Number of Dependents :4

Hours worked :82

Overtime hours :42

Gross Income :$1255.60

State Tax Withheld @ 5% :$62.78

Federal Tax Withheld @ 14% :$175.78

Worker and 2 Dependents' Insurance :$80.00

Additional Dependents' Insurance :$50.00

---------------------------------------------------------------------

Net Take Home Pay :$887.04

Answer 1

import random
import sys
import os

# Python Program to find Area of a Rectangle using Functions

#taking input
print(" Net Paycheck Calculator ")
name = input("Employee's Name: ")
H_worked = int(input('Number of Hours Worked in a Week:'))
Depen = int(input('Number of Employee\'s Dependents:'))

extra = max(0,Depen-2)
O_hours = H_worked - 40
hours = H_worked;
type1 = 0
type2 = 0
type3 = 0
reg_hour = min(H_worked,40)
hours = hours - min(H_worked,40)

#divided the over time in three types
#type1= 40 to 60
#type2 = 60 to 80
#type3 = 80 to above

if(hours>0):
type1 = min(hours,20)
hours = hours- 20
if(hours>0):
type2 = min(hours,20)
hours = hours- 20
if(hours>0):
type3 = hours

Gross = reg_hour*17.25 + type1*12.34 + type2*14.34 + type3*16 #calculated gross salary
f_tax = Gross * 0.14

s_tax = Gross * .05 #state tax
insurence_fixed = 80 #fixed insurence of 2 dependents
insurence_add = extra*25 #additional insurence of more than 2 dependents

net = Gross- (f_tax + insurence_fixed + insurence_add + s_tax) #calculated net pay

#printed all the things
print(" ---------------------------------------- " )
print(" Employee's name:%s" %name)
print(" Number of Dependents: %d" %Depen)
print(" Hours worked :%d" %H_worked)
print(" Overtime hours :%d" %O_hours)

print(" Gross Income :$%d" %Gross)
print(" State Tax Withheld @5%%:$%.2f" %s_tax)
print(" Federal Tax Withheld @14%%:$%.2f" %f_tax)
print(" Worker and 2 Dependents' Insurance: %.2f" %insurence_fixed)
print(" Additional Dependents' Insurance: %.2f" %insurence_add)

print(" ---------------------------------------- " )
print(" Net Take Home Pay:$ %.2f" %net)