Question

Write an algorithm and draw a flowchart to find simple interest

Answer 1

hope it works friend

Answer 2

Algorithm:

Algorithm is a stepwise “set of rules” to be followed in ‘calculations’ used by  computer especially. It is a ‘step by step’ process and simple way to find output of the program. We can easily understand the whole program by this algorithm.

Algorithm to find simple interest:

1. Start the program.

2. Read Principal amount, rate of interest and time period.

3. Calculate interest by using the formula.

   $\bold{\text {Simple interest} =(\text { Principal amount } \times \text { rate of interest } \times \text { time period }) / 100}$

4. Print the simple interest.

5. Stop the program.

The flowchart for simple interest is attached below.