WebbSimple Interest Formula. Simple Interest = (P × R × T)/100. P is Principal amount. R is rate per annum. T is time in years. For example: Let’s say a man deposit 2000 INR in bank account at a interest rate of 6% per annum for 3 years, calculate the simple interest at the end of 3 years. Simple interest = 2000*6*3/100 = 360 INR. WebbThen according to the formula of simple inerest, the multiplicative value of all three i.e. (principal * rate * time) gets divided with 100.0 and is stored in the variable 'sinterest'. …
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Webb4 nov. 2024 · Use the following algorithm to write a program to calculate simple interest; as follows: Get input principle amount and store in some variable. Get input time and store … WebbThe Simple Interest (S.I.) formula is given by- SI = (P x T x R)/100 Where, P is the principle amount T is the time and R is the rate Algorithm of Simple Interest Declare Principal, Interest and Time of loans. Calculate the Simple Interest by applying the formula. Print the value of Simple Interest. Java program to calculate Simple Interest high school bathroom stalls
c program to calculate simple interest using function - W3Adda
WebbSimple Interest (S.I.) is the method of calculating the interest amount for a particular principal amount of money at some rate of interest. For example, whe... Webb3 nov. 2024 · r = float(input("Enter the rate of interest : ")) ci = compoundInterest (p, r, t) #print print("Compound interest : {}".format(ci)) Output Enter the principal amount : 1000 Enter the number of years : 2 Enter the rate of interest : 5 Compound interest : 1102.5 Recommended Python Programs Recommended:- Leap Year Program in Python WebbHere is source code of the C# Program to Calculate Simple Interest. The C# program is successfully compiled and executed with Microsoft Visual Studio. The program output is … high school bats rules