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Caculate Simple Interest of the Loan

Sunita Chhetry
110 Posts

WAP to calculate and display simple interest by accepting amount, rate of interest and time. (formula: I=P*R*T/100)

Eg:

Input

Principle =1,00,000

Rate =5%

Time =2 years

 

Output=10000

SI= P*T*R/100

 

Explanation:

Interest=P*R*T/100

Interest=100000*5/100*2= 10000

Published By : Sunita Chhetry
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