Question

Write a program to calculate the simple Interest where
p=95000, t=2 years and r=9.5%.​

Answer 1

Answer:

Simple Interest is the convenient method used in banking and economic sectors to calculate the interest charges on loans.It gets estimated day to day with the help of some mathematical terms.

Formula

Simple Interest = (P × R × T)/100

where P = Principal Amount, R = Rate per Annum, T = Time (years)

Algorithm

Define Principal, Interest and Time of loans.

Apply in the formula.

Print the Simple Interest.

Complexity

O(1)

Solution

Python

P= 5000 #Principal Amount

R=15 #Rate

T=1 #Time

SI = (P*R*T)/100; # Simple Interest calculation

print("Simple Interest is :");

print(SI); #prints Simple Interest

HOPE IT HELP YOU PLZ MARK ME AS BRAINLEAST ANSWER

Answer 2

Explanation:

SIMPLE INTEREST = P×R×T÷100

= 95000×9.5×2÷100

= 18050

hope u understand