Write a python code to calculate simple interest by inputting the value Principal amount and rate from the user for a Time 3 years
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Explanation:
Simple interest is calculated by multiplying the daily interest rate by the principal amount by the number of days that elapse between the payments. For example, If P = 1000,R = 1,T = 2 Then SI=20.0 Now let's see how we can implement a simple interest calculator in Python
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Answer: pls mark me as brainliest
Explanation:
Simple interest formula is given by:
Simple Interest = (P x T x R)/100
Where,
P is the principle amount
T is the time and
R is the rate
EXAMPLE1:
Input : P = 10000
R = 5
T = 5
Output :2500
We need to find simple interest on
Rs. 10,000 at the rate of 5% for 5
units of time.
EXAMPLE2:
Input : P = 3000
R = 7
T = 1
Output :210
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