Example
Input
enter the principal 1200
enter the rate 5
enter the time 2
Output
The simple interest is 120
Required to Know
Use of Variables, Use of different operators like assignment or arithmetic operators, Use of functions like print(), and input(), and Use of Data types.
Formula
Simple interest = (principal * rate * timne) / 100
Steps
Take principal, rate and time as input from the user.
Use the formula to find the simple interest.
Print the value after calculating the simple interest.
Program
# This code calculates the simple interest.
principal = float(input("Enter the principal: "))
rate = float(input("Enter the rate: "))
time = float(input("Enter the time: "))
# Calculate the simple interest.
si = (principal * rate * time) / 100
# Print the simple interest.
print("The simple interest is", si)