Employee Salary
Write Python script for the following:
Create a class Employee with three instance variables named: employee_id, employee_name and basic_pay. In this, employee id and name are string values and basic pay is a float value. This class is also contains a member function ‘calculate_net_salary()’ – this method should calculate and return the net salary of employees.
The net salary should be calculated using the formula: net salary=(basic pay+DA+TA+HRA)-PF
where:
DA is 10% of basic pay.
TA is 5% of basic pay.
HRA is 8% of basic pay.
PF is 10% of basic pay.
Get employee id, name and basic pay from the user and store those values into the variables; eid, ename and basic_pay respectively.
Create an object for the ‘Employee’ class by invoking a parameterized constructor with three arguments: employee id, name and basic pay. The object name should be ‘emp_obj’. Finally, display the id, name and net salary of the employee as shown in the sample output.
Refer the sample input and output statements for more clarifications.
Note:
Strictly follow the naming conventions for variable objects and functions as specified in the problem description.
Sample Input:
Enter the employee id: E101
Enter the name : Jane
Enter the basic pay : 20000
Sample Output :Employee Id: E101
Employee Name: Jane
Net Salary : 22600.00
Code :-
class Employee:
def __init__(self,employee_id,employee_name,basic_pay):
self.employee_id=employee_id
self.employee_name=employee_name
self.basic_pay=basic_pay
def calculate_net_salary(self):
da=self.basic_pay*10/100
ta=self.basic_pay*5/100
hra=self.basic_pay*8/100
pf=self.basic_pay*10/100
net_pay=(self.basic_pay+da+ta+hra)-pf
return net_pay
eid=input("Enter the employee id:")
ename=input("Enter the employee name:")
basic_pay=float(input("Enter the basic pay:"))
emp_obj=Employee(eid,ename,basic_pay)
print("\nEmployee Id:",emp_obj.employee_id)
print("Employee Name:",emp_obj.employee_name)
net_salary=emp_obj.calculate_net_salary()
print("Net Salary :%.2f" %net_salary)
