C++ program to calculate simple interest , if the time is less than 5 years then the rate of interest will be 6% otherwise it will be 6.5%.
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Explanation:
#include<iostream.h>
#include<conio.h>
main()
{float p,t,si;
cout<<"Enter principal amount ";
cin>>p;
cout<<endl<<"Enter time (yrs) ";
cin>>t;
if(t>10)
{ si=p*8*t;
cout<<endl<<"Simple interest= "<<si;
}
else
{ si=p*12*t;
cout<<endl<<"Simple interest= "<<si;
}
getch();
return 0;
}
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