How To Find Simple Interest In Python Program?

Hello Friends,

In this blog, I will show you how to calculate simple interest using python. I am going learn you python find simple interest example. We will talk about find simple interest in python.

We will use the simple interest formula Si = (P * R * T)/100 where P is the principle amount, R is the rate of interest, and T is the time period.

Here i will give you two example for how to calculate simple interest using python So let's see below example:

Formula

• P is the principle amount
• T is the time and
• R is the rate

si = (P x T x R)/100

Example 1 :

# Python program to find simple interest
p = input("Enter Principal: ")
t = input("Enter Time Period: ")
r = input("Enter Rate Of Interest: ")
# find simple interest
si = (p * t * r)/100
print('The Simple Interest is', si)

Example 2 :

# Python program to find simple interest
def findSimpleInterest(p,t,r):
    print('The principal is', p)
    print('The time period is', t)
    print('The rate of interest is',r)

    
    si = (p * t * r)/100

    
    print('The Simple Interest is', si)
    return si

    
findSimpleInterest(8, 6, 8)

It will help you....