Question

Write a program to calculate the simple interest where principle rs 1250, rate 8% and time 3 years.​

Answer 1

${\textsf{\textbf{\underline{\Large Required knowledge}}}}$

In order to write the program, firstly we should know the formula to calculate simple interest.

$\boxed{\text{ Simple Interest = \dfrac{P\times R \times T}{100} }}$

Here,

• P = Principle amount
• R = Rate of interest
• T = Time period

Now, I'll write my program in python since language is not mentioned in the question.

${\textsf{\textbf{\underline{\Large The program}}}}$

P = 1250

R = 8

T = 3

print(f"Simple interest is, {(P*R*T)/100}")

${\textsf{\textbf{\underline{\Large Outpu{}t}}}}$

>>> Simple interest is, 300.0

${\textsf{\textbf{\underline{\Large Explanation}}}}$

• We have store the values in different variables namely P, R and T for Principle, Rate of interest and time period respectively.

• Now using the print() function, we can print the required result on the output screen.
• We have made use of f strings where we can add mathematically expressions or value of variable inside { }.

Answer 2

Answer:

THE FOLLOWING IS IN A JAVA PROGRAM:

public class MyClass {

   public static void main(String args[]) {

     int principle = 1250;

     int rate = 8;

     int time = 3;

     System.out.println(principle*rate*time/100.0);

   }

}

Explanation:

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