Write a C program to read principal amount, rate of interest and time and calculate simple interest.
Formula To Find Simple Interest
Simple Interest = (p * n * r) / 100
where,
p = Principal Amount,
n = Number of Years / Period
r = Rate of Interest
Code:
#include<stdio.h>
int main()
{
int amount, rate, time, simple_interest;
printf("\nPlease Enter Principal Amount : ");
scanf("%d", &amount);
printf("\nPlease Enter Rate of Interest : ");
scanf("%d", &rate);
printf("\nPlease Enter Period of Time : ");
scanf("%d", &time);
simple_interest = (amount * rate * time) / 100;
printf("\nSimple Interest : %d", simple_interest);
return 0;
}