Learn about Python Program to Calculate Simple Interest in the below code example. Also refer the comments in the code snippet to get a detailed view about what’s actually happening.
Python Program to Calculate Simple Interest
# Program to calculate simple interest # inputs from user P = float(input('Enter the principal amount: ')) R = float(input('Enter the interest rate: ')) T = float(input('Enter the time: ')) # calculate the simple interest using formula SI = (P * R * T) / 100 # print result print('The Simple interest = ',SI ) print('Total amount = ',( P + SI ))
Enter the principal amount: 4000 Enter the interest rate: 3 Enter the time: 7 The Simple interest = 840.0 Total amount = 4840.0
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