Question

calculate simple interest I = PNR/100
variable- ?
constant- ?
input- ?
process- ?
output- ?
​

Answer 1

Answer:

Simple interest is a quick method of calculating the interest charge on a loan. Simple interest is determined by multiplying the daily interest rate by the principal by the number of days that elapse between payments.

Simple Interest formula:

Simple interest formula is given by:

Simple Interest = (P x T x R)/100

Where,

P is the principle amount

T is the time and

R is the rate

EXAMPLE1:

Input : P = 10000

R = 5

T = 5

Output :2500

We need to find simple interest on

Rs. 10,000 at the rate of 5% for 5

units of time.

EXAMPLE2:

Input : P = 3000

R = 7

T = 1

Output :210.

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Answer 2

Answer:

The answer is 2500

Explanation:

Given :- I = PTR/100

variable: - p,r,t

constant:-100

input:- p= 10000, r=5, t=5

process:-  prt/100

10000x5x5/100

output:- 2500

Therefore the answer is 2500