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Gross profit =total revenue -cost of doing business Gross profit percentage = Gross profit/(Total revenue.)*100% To increase the gross profit percentage, you decrease the cost of doing business. Costs= all you have to spend to be able to do business (merchandises, employees' pay, rent of facilities, electric bills, etc.)
The easiest way to do this is to use Excel spreadsheet. This is what you need to do. Create a label at the top of each column as detailed. Add a employee to each row under Name of employee Then against each employee add the data and the formula in the relevant cell under each column.
The first column - Name of the employee 2nd column - salary rate per hour 3rd column - hours worked 4th column - gross pay (formula = salary rate X hours worked) 5th column - tax deduction 6th column - other deductions 7th column - total deductions (formula = tax deduction + other deduction) 8th column - net pay (formula = gross pay - tax - total deductions)
At the last row you can include a total for Gross salary paid, total Tax collected etc.
Once you have setup this spread sheet make a copy of it and save it as a template. You can then copy this template for each new financial year so you do not have to create a new one each year, you only need to make minor changes for new employees, rates of pay etc.
Another way to make a salary program is to use Access Database. You need more skills to do this, but it can provide greater reporting capabilities.
Employee's having gross salary of Rs-10000/- or less are eligible for ESI scheme .It means they are covered under ESI scheme while others not.
The rate is
4.75% for employer&
1.75% for employee
of the gross salary
hi,
well u don't need looping in salary computation.
here is the program:-
#include<iostream.h>
#include<conio.h>
int main()
{
float bs,gs,hra,da;
cout<<"enter basic salary";
cin>>bs;
hra=40*bs/100;
da=20*bs/100;
gs=bs+hra+da;
cout<<gs;
return 0;
}
regards,
poly
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