Calculate simple Interest in C: To calculate simple interest below is the Formula.
Formula:
SI = P * T * R / 100
Where SI = Simple
Interest.
P = Principe amount.
T = time.
R = Rate of interest.
Calculate Simple Interest Program in C
#include<stdio.h>
int main()
{
float p;
float interest, time;
float in;
printf("Type your principle amount = ");
scanf("%f",&p);
printf("\n Type your rate of interest = ");
scanf("%f",&interest);
printf("\n Type time in year = ");
scanf("%f",&time);
in=p*interest*time/100;
printf("\n You will get interest = %.2f",in);
return 0;
}
int main()
{
float p;
float interest, time;
float in;
printf("Type your principle amount = ");
scanf("%f",&p);
printf("\n Type your rate of interest = ");
scanf("%f",&interest);
printf("\n Type time in year = ");
scanf("%f",&time);
in=p*interest*time/100;
printf("\n You will get interest = %.2f",in);
return 0;
}
Output:
Type your principle amount = 100000
Type your rate of interest = 10
Type time in year = 10
You will get interest = 100000.00
Type your rate of interest = 10
Type time in year = 10
You will get interest = 100000.00
Explanation:
- The First Four data types are declared p, interest, time, in of type Float.
- The values of p, interest, time is taken from the keyword.
- The result of (p*interest*time)/(100) stored in the value of in.