Question

Program to find the simple interest based upon number of years. If number of years is more than 12 rate of interest is 10 otherwise 15.

Answer 1

Explanation:

principle=float(input("Enter the principle amount:"))

time=int(input("Enter the time(years):"))

rate=float(input("Enter the rate:"))

simple_interest=(principle*time*rate)/100

print("The simple interest is:",simple_interest)