Write C Program to Calculate Simple Interest

Write C Program to Calculate Simple Interest.

Simple interest is calculated by multiplying the interest rate by the principal by the number of periods.


Simple Interest is S.I = (P * R * T)/100


P is the Principal amount
R is the interest rate
T is the duration .

C Program to Calculate Simple Interest

#include<stdio.h>

int main() {

   /* Declare variables, to hold the value. */
 
   int principal, rate, time,si;

   printf("Enter principal \n ");
   scanf("%d", &principal);

   printf("Enter rate of interest \n ");
   scanf("%d", &rate);

   printf("Enter time \n ");
   scanf("%d",&time);

   /* Simple interest calculation. */
   
   si = (principal * rate * time) / 100;
   printf("\nSimple Interest %d", si);

   return 0;
}

Output:

Enter principal 1000 
Enter rate of interest 8

Enter time 3 Simple Interest 240

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