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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