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Program to find the simple interest

Explanation

Simple Interest is the convenient method used in banking and economic sectors to calculate the interest charges on loans.It gets estimated day to day with the help of some mathematical terms.

Formula

Algorithm

  1. Define Principal, Interest and Time of loans.
  2. Apply in the formula.
  3. Print the Simple Interest.

Complexity

O(1)


Solution

Python

Output:

 Simple Interest is:  750.0

C

Output:

Simple Interest is:  51000.000

JAVA

Output:

Simple Interest is:  3120.0

C#

Output:

Simple Interest is:  300.00

PHP

Output:

Simple Interest is: 200

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B.Tech / MCA