Find the Simple Interest in C
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C Program to Find the Simple Interest
There are three values involve in simple interest, Principal, Rate and Time. Simple interest is simple and easyest way to calculate interest charge on a loan. This type of interest usually applies for short-term loans.
Formula for Simple Interest
Simple Interest = (P * T * R)/100
- P = Principle amount
- T= Time Period
- R= Rate of interest
Calculate Simple Interest in C
#include<stdio.h> #include<conio.h> void main() { float amount, rate, time, si clrscr(); printf("\nEnter Principal Amount : "); scanf("%f", &amount); printf("\nEnter Rate of Interest : "); scanf("%f", &rate); printf("\nEnter Period of Time : "); scanf("%f", &time); si = (amount * rate * time) / 100; printf("\nSimple Interest : %f", si getch(); }
Output
Enter Principal Amount: Enter Rate of Interest: Enter Period of Time: Simple Interest:
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