Question
A retail company must file a monthly sales tax report listing the sales for the month and the amount of sales tax collected. Using c++,
A retail company must file a monthly sales tax report listing the sales for the month and the amount of sales tax collected. Using c++, write a program that asks for the month, the year, and the 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 the product sales may be calculated as:
product sales = amount collected / 1.06
Where amount collected = (product sales + sales tax)
The program should display a report similar to the following:
Month : August 2020
-----------------------------------------
Total Collected: $ 26572.89
Sales: $ 25068.76
County Sales Tax: $ 501.38
State Sales Tax: $ 1002.75
Total Sales Tax: $ 1504.13
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