Introduction
  • In this blog, I am going to tell you how to find simple interest.
  • Simple interest is a method of calculating the interest charge on a loan etc.
Software Requirements
  • Turbo C++ or C.
Programming
  1. #include < stdio.h >
  2. #include < conio.h >
  3. int main()
  4. {
  5. float p, rate, time, si;
  6. printf("Enter principal amount : ");
  7. scanf("%f", & p);
  8. printf("Enter rate of interest : ");
  9. scanf("%f", & rate);
  10. printf("Enter time period in year : ");
  11. scanf("%f", & time);
  12. si = (p * time * rate) / 100;
  13. printf("\nSimple Interest = %2f", si);
  14. getch();
  15. return 0;
  16. }
Explanation
  • The programming of simple interest is determined by multiplying the daily interest rate by the principle by the number of days which elapses between the payments.

    programming
Output

Output
Conclusion
  • Thus, the program is executed and printed successfully.