Question

Write a program which accepts Principal amount and time and then calculate simple interest as per the following specifications: If Principal is greater than or more than Rs. 10000/-, then rate of interest is 6% otherwise it is 5%.

Answer 1

Answer:

if it is a python programme then,

Explanation:

P=int(input("Please enter principle amount"))

T=int(input("Please enter time"))

r=0

if P<10000:

r=5

else:

r=6

SI=(P*r*T)/100

print("Simple Interest is : ",SI)