Question

Write a program to compute simple interest and compound interest​

Answer 1

Answer:

A program to compute simple interest and compound interest​.

Explanation:

C program to calculate simple interest:-

#include<stdio.h>  

int main() {

   int p,r,t,SI;      

   printf("Enter Principle, rate and time\n");

   scanf("%d%d%d",&p,&r,&t);      

   SI = (p * r * t)/100;    /*Formula for calculating simple interest*/

   printf("Simple interest of %d, %d and %d is %d\n",p,r,t,SI);

return 0;

}

Output:-

Enter Principle, rate and time

1000

4

5

Simple interest of 1000, 4 and 5 is 200

C program to calculate compound interest:-

#include<stdio.h>  

int main() {      

   float p,r,t,CI;      

   printf("Enter Principle, rate and time\n");

   scanf("%f%f%f",&p,&r,&t);      

   CI = p*pow((1+r/100),t);   /*Formula for calculating Compound Interest*/      

   printf("Compound interest of %f, %f and %f is %f\n",p,r,t,CI);  

return 0;

}

Output:-

Enter Principle, rate and time

1000

4

5

Compound interest of 1000.000000, 4.000000 and 5.000000 is 1216.652710