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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