Write a python program to calculate simple interest for n years depending on condition that rate is 5 % if amount is less than 20000 otherwise rate as 12 %
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Correct Question:-
- Write a python program to calculate simple interest for n years depending on condition that rate is 5 % if principal is less than 20000 otherwise rate as 12 %
Program:-
p=float(input("Enter principal amount: "))
r=0
if (p<20000):
r=5
else:
r=12
t=float(input("Enter time in years: "))
si=p*r*t/100
print("Simple Interest Earned is: ",si)
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