Day 4: Python Program To Calculate Simple Interest

Python Program To Calculate Simple Interest
  • This article discusses how to find a simple interest program in Python. (P*R*T)/100 is the formula for simple interest. P stands for "principal," R stands for "interest rate," and t stands for "time."

Formula:- 

  • Simple Interest = (P*R*T)/100

Example:

P = 2000
R = 5
T = 5
We need to find simple interest on Rs. 2000 at the rate of 5% for 5 units of time.

Code:

Output:





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