How do I go about making a for-loop with a range 70000 and above? I'm doing a for-loop for an income tax and when income is above 70000 there is a tax of 30%. Would i do something like for income in range(income-70000)
?
Well, at first i developed a code that didn't use a loop and it worked just fine, but then i was notified that i needed to incorporate a loop in my code. This is what i have, but it just doesn't make sense for me to use a for loop. Can someone help me?
def tax(income):
for income in range(10001):
tax = 0
for income in range(10002,30001):
tax = income*(0.1) + tax
for income in range(30002,70001):
tax = income*(0.2) + tax
for income in range(70002,100000):
tax = income*(0.3) + tax
print (tax)
Okay, so I have now tried with a while loop, but it doesn't return a value. Tell me what you think. I need to calculate the income tax based on an income. first 10000 dollars there is no tax. next 20000 there is 10%. Next 40000 there is 20%. and above 70000 is 30%.
def taxes(income):
income >= 0
while True:
if income < 10000:
tax = 0
elif income > 10000 and income <= 30000:
tax = (income-10000)*(0.1)
elif income > 30000 and income <= 70000:
tax = (income-30000)*(0.2) + 2000
elif income > 70000:
tax = (income - 70000)*(0.3) + 10000
return tax
Q: How do I go about making a for-loop with a range 70000 and above?
A: Use the itertools.count() method:
import itertools
for amount in itertools.count(70000):
print(amount * 0.30)
Q: I need to calculate the income tax based on an income. first 10000 dollars there is no tax. next 20000 there is 10%. Next 40000 there is 20%. and above 70000 is 30%.
A: The bisect module is great for doing lookups in ranges:
from bisect import bisect
rates = [0, 10, 20, 30] # 10% 20% 30%
brackets = [10000, # first 10,000
30000, # next 20,000
70000] # next 40,000
base_tax = [0, # 10,000 * 0%
2000, # 20,000 * 10%
10000] # 40,000 * 20% + 2,000
def tax(income):
i = bisect(brackets, income)
if not i:
return 0
rate = rates[i]
bracket = brackets[i-1]
income_in_bracket = income - bracket
tax_in_bracket = income_in_bracket * rate / 100
total_tax = base_tax[i-1] + tax_in_bracket
return total_tax