Question

Write an algorithm and draw the flowchart to find the simple interest and amount

using principal, rate and time. ​

Answer 1

Answer:

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An algorithm is a set of instructions designed to perform a specific task. This can be a simple process, such as multiplying two numbers, or a complex operation, such as playing a compressed video file. ... In computer programming, algorithms are often created as functions..

Algorithm to find simple interest:

Start the program.

Read Principal amount, rate of interest and time period.

Calculate interest by using the formula.

Print the simple interest.

Stop the program

Answer 2

Explanation:

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.

4.Print the simple interest.

5.Stop the program.

flowchart

STAR

Read

amount, rate, time

SI= ((amount*rate*time)/100)

Printing SI

STOP