Python program for simple interest

Python program for simple interest

Calculate simple interest

 (P * R * T) / 100

Where,

  • P – Principle
  • R – Rate of interest
  • T – Time in years

Example:

 Input:
    p = 250000
    r = 36
    t = 1

    # formula
    si = (p*r*t)/100
    print(si)

    Output:
    90000

Python program to find simple interest

# Python program to find simple interest 

p = float(input("Enter the principle amount : "))
r = float(input("Enter the rate of interest : "))
t = float(input("Enter the time in the years: "))

# calculating simple interest
si = (p*r*t)/100

# printing the values
print("Principle amount: ", p)
print("Interest rate   : ", r)
print("Time in years   : ", t)
print("Simple Interest : ", si)

Output

Python program for simple interest

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