Simple Interest Calculator

This project calculates Simple Interest based on the principal amount, rate of interest, and time period.

Formula

Simple Interest (SI) is calculated using:

SI = (P × R × T) / 100

Where:

• P = Principal amount
• R = Rate of interest
• T = Time (in years)

Inputs

• Principal amount
• Rate of interest
• Time period

Output

• Simple Interest value

How to Use

1. Enter the principal amount
2. Enter the rate of interest
3. Enter the time period
4. View the calculated simple interest

Example

Principal = 1000
Rate = 5
Time = 2

Simple Interest = 100

Author

Aditya GS