Monthly Sales Tax A retail company must file a monthly sales tax report listi...
Monthly Sales Tax
A retail company must file a monthly sales tax report listing the sales for the month and the amount of sales tax collected. Write a program that asks for the month, the year, and the total amount collected at the cash register (that is, sales plus sales tax). Assume the state sales tax is 4 percent and the county sales tax is 2 percent.
If the total amount collected is known and the total sales tax is 6 percent, the amount of product sales may be calculated as
where S is the product sales and T is the total income (product sales plus sales tax). The program should display a report similar to the following:
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