Python Program for simple interest
Simple interest formula is given by:
Simple Interest = (P x T x R)/100
Where,
P is the principle amount
T is the time and
R is the rate
Examples:
EXAMPLE1: Input : P = 10000 R = 5 T = 5 Output :2500 We need to find simple interest on Rs. 10,000 at the rate of 5% for 5 units of time. EXAMPLE2: Input : P = 3000 R = 7 T = 1 Output :210
Python3
# Python3 program to find simple interest # for given principal amount, time and # rate of interest. # We can change values here for # different inputs P = 1 R = 1 T = 1 # Calculates simple interest SI = (P * R * T) / 100 # Print the resultant value of SI print ( "simple interest is" , SI) # This code is contributed by Azkia Anam. |